Capacity Flexibility Means Having the Ability to Rapidly Increase or Decrease

question 27

True/False

Capacity flexibility means having the ability to rapidly increase or decrease production levels or to shift production capacity quickly from one product or service to another.

---

Definitions:

Common Features

Attributes or characteristics that are shared among a group of objects, concepts, or phenomena.

Information Processing

A psychological approach studying the mind analogously to a computer, focusing on how information is perceived, processed, and stored.

Memory

is the mental capacity or faculty of retaining and retrieving information, experiences, and skills.

Cognition

Mental activity involved in understanding, processing, and communicating information.