Welcome to the quiz: From the book “It’s About Time” by Rajan Suri Copyright © 1997, 2010 R. Suri. Go to the quiz Welcome to your Quiz on Implementing QRM For each statement below, ask yourself: Would the key managers in my company consider this statement to be True or False? Everyone will have to work faster, harder, and longer hours, in order to get jobs done in less time. True False None To get jobs out fast, we must keep our machines and people busy all the time. True False None In order to reduce our lead times, we have to improve our efficiencies. True False None We must place great importance on "on-time" delivery performance by each of our departments, and by our suppliers. True False None Installing a Material Requirements Planning (MRP or ERP) System will help in reducing lead times. True False None Since long lead time items need to be ordered in large quantities, we should negotiate quantity discounts with our suppliers True False None We should encourage our customers to buy our products in large quantities by offering price breaks and quantity discounts. True False None We can implement QRM by forming teams in each department. True False None The reason for implementing QRM is so that we can charge our customers more for rush jobs. True False None Implementing QRM will require large investments in technology. True False None Time's up