Flexible Factories Have Which of the Following Advantages

question 68

Multiple Choice

Flexible factories have which of the following advantages?

• A) Providing fewer production options.
• B) Having much longer production runs.
• C) Being organized around products, in work cells or teams.
• D) Having less change over time.
• E) Using centralized scheduling.

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Definitions:

Outsourcing

The practice of hiring third parties to perform services or create goods that were previously done in-house, often to cut costs or improve efficiency.

Core Business

The primary area of a company's operation or the main source of its profitability, representing its fundamental mission or the key focus of its commercial activity.

Noncore Business

Parts of a company's operations that are not essential to its main line of business or primary revenue source.

Accounting

The practice of recording, classifying, and summarizing financial transactions to provide useful financial information for decision-making.