Flexible Manufacturing Systems Use Machines That Are Designed to Do

question 5

True/False

Flexible manufacturing systems use machines that are designed to do a multitude of tasks so that they can produce a variety of goods.

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Definitions:

Risks

The potential for losses or other adverse outcomes in any investment or business operation, often quantified in terms of likelihood and impact.

R&D Work

Research and Development activities aimed at developing new products, processes, or services and improving existing ones.

Basic Research

Research conducted to increase fundamental knowledge and understanding, without specific immediate commercial applications.