Examlex
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Manufacturing Flexibility
The ability of a manufacturing system to quickly adapt to changes in product type or volume without incurring high costs or delays.
Competitive Advantage
The unique feature or set of features of a company and its products that are perceived as superior in the market, contributing to greater sales or margins than competitors.
Assembly Lines
A manufacturing process in which parts are added to a product in a sequential manner, using conveyors or other efficient means, to create a finished product efficiently.
Robotics
The branch of technology that involves the design, construction, operation, and application of robots.
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