Mass Customization Describes the Ability of Companies to Use Flexible

question 32

True/False

Mass customization describes the ability of companies to use flexible manufacturing technology to reconcile the two goals of low cost and differentiation through product customization.

---

Definitions:

Continuous Improvement

An ongoing effort to improve products, services, or processes by making small, incremental improvements over time.

Directing

The process by which managers, given their assigned level of responsibilities, run day-to-day operations.

Management Process

A systematic approach to planning, organizing, leading, and controlling an organization's activities to achieve its objectives efficiently and effectively.

Day-to-Day Operations

Refers to the routine activities required for the ongoing management and upkeep of a business or organization.