Flexible Manufacturing Systems, Because of Easily Changed Control Programs, Are

question 216

True/False

Flexible manufacturing systems, because of easily changed control programs, are able to perform such tasks as manufacturing one-of-a-kind parts economically.

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Definitions:

Auctioneer

A person or entity that conducts sales in which goods or property are sold to the highest bidder.

Highest Bidder

the person or entity that offers the highest price in a bidding process, such as an auction, and is typically awarded the item or contract up for bid.

Revoking

The act of formally withdrawing, canceling, or revoking a statement, offer, or privilege.

Written Offer

A formal proposal presented in written form by one party to another, stipulating the terms under which the offeror is willing to engage in a contract.