A Basic Characteristic of Flexible Manufacturing Is That It

question 169

Multiple Choice

A basic characteristic of flexible manufacturing is that it:

• A)is only possible when using mass production processes.
• B)relies heavily on labour,since humans are more adaptable than machines.
• C)uses machines designed to perform multiple tasks so they can be used to produce a variety of products.
• D)achieves its flexibility at the cost of much slower rates of production than mass production techniques.

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Definitions:

Single Employee

Refers to an individual worker within an organization, focusing on aspects related to their employment status or conditions.

Compensating Balance

A minimum cash balance required by some banks to be maintained in a bank account.

Maximum Cash Balance

The highest amount of cash that a company aims to hold at any given time.

Internal Control

Protocols and processes designed by a business to secure the authenticity of its financial and accounting information, enhance accountability, and impede fraudulent operations.