A Flexible Manufacturing System Is

question 46

Multiple Choice

A flexible manufacturing system is:

• A) based on the use of temporary and part-time employees as well as outsourcing.
• B) a computer-controlled process that is used to produce a variety of products in moderate, flexible quantities with minimal human intervention.
• C) based on a 360-degree view of the company's relationships with customers.
• D) a system that identifies "the one best way" to produce each product in the company's line.

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Definitions:

Economic Person

A theoretical concept depicting an individual who is rational, self-interested, and seeks to optimize their own utility or benefit.

Practical Education

Education focused on teaching skills and knowledge that can be directly applied in real-world situations.

Unapplied Knowledge

Information or skills that have been acquired but not yet used or implemented in practical situations.

Code of Ethics

A set of principles and values that guide the behavior and decision-making processes of an organization or profession.