Flexible Factories Differ from Traditional Factories in Which Way

question 58

Multiple Choice

Flexible factories differ from traditional factories in which way?

• A) Lot size, flow patterns, and scheduling.
• B) Providing more efficient production options.
• C) Providing long production runs.
• D) Using a production sequence on a line.
• E) Using centralized scheduling.

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Definitions:

Principal

The main party to a transaction or contract who has authorized another party (agent) to act on their behalf.

Duty Of Obedience

The requirement for directors, officers, and agents of a corporation to act within the scope of their authority and in the best interest of the corporation.

Unauthorized Contract

A contract made by a person who lacks the authority to do so, potentially making it unenforceable against the presumed principal.

Torts

Civil wrongdoings recognized by law as grounds for a lawsuit, resulting in injury or harm to someone and constituting the basis for a claim by the injured party.