When a Company Has the Ability to Produce the Same

question 65

True/False

When a company has the ability to produce the same amount of goods with only half the floor space and half the labor that it used in the past, the firm is practicing flexible manufacturing.

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Definitions:

Constraints

Limitations or restrictions that influence the scope of actions or outcomes in a given scenario or system.

Belongingness

The human emotional need to be an accepted member of a group, whether it is friends, family, or co-workers.

Love Needs

According to Maslow's hierarchy of needs, these are emotional requirements for interpersonal affection, belonging, and love from family, friends, and romantic partners.

Physiological Needs

Basic bodily requirements essential for survival, such as food, water, sleep, and shelter, as proposed in Maslow's hierarchy of needs.