The Benefits of Flexible Manufacturing Systems (FMS)include All of the Following

question 109

Multiple Choice

The benefits of flexible manufacturing systems (FMS) include all of the following EXCEPT:

• A)reduced labour costs.
• B)higher flexibility than fixed automation.
• C)quick changeover from part to part.
• D)less planning and development time required for new systems.
• E)more consistent quality.

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Definitions:

Population Variance

A measure of the spread of a population’s attributes or numbers; it signifies how much the data differ from the mean of the population.

Monthly Returns

The profit or loss generated by an investment over the course of a month, typically expressed as a percentage.

Sample Size

The count of data points or observations gathered for a study or utilized in statistical evaluation.

Population Proportion

The fraction or percentage of members in a population that are part of a particular subset, reflecting a characteristic or attribute.