Which One of the Following Statements About an FMS Is

question 16

Multiple Choice

Which one of the following statements about an FMS is true?

• A) No human intervention is required to load or operate the system.
• B) Because an FMS does not require a large initial investment, it can be easily installed.
• C) Automated tool changing is actually slower than manual tool changing, but the system performs it without fatigue or error so the benefits are accrued over the long-term.
• D) Programs and tooling setups can be changed with almost no loss of production time.

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Definitions:

Health Maintenance Organizations

Managed care organizations that provide health insurance coverage to their members through a network of doctors, hospitals, and other healthcare providers.

Reduce Health Care Costs

Initiatives or policies aimed at lowering the expenses associated with medical care.

Elective Surgical Procedure

A type of surgery that is planned in advance, not arising from an emergency situation, and is subject to the patient's choice.

Equilibrium Price

The price at which the quantity of a good demanded equals the quantity supplied, leading to a stable market condition.