The Ability to Reprogram Machines Is Useful for Both Low-Customization

question 144

True/False

The ability to reprogram machines is useful for both low-customization and high-customization processes.

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Definitions:

EBIT

Stands for Earnings Before Interest and Taxes, a measure of a firm's profitability that excludes interest and income tax expenses.

Cost of Goods Sold

The immediate financial outlays involved in the manufacture of goods a company sells, such as labor and material expenses.