Examlex
Which of the following statements regarding the "sales era" is true?
Production Rate
The speed at which products are manufactured or produced within a given time frame.
Volume Flexibility
The ability of a manufacturing or service system to economically adjust its output in response to fluctuations in demand.
Variety Flexibility
The ability of a manufacturing system or company to quickly adapt its operations to produce a wide range of products.
Capacity Management
The process of planning and controlling the resources needed to meet production demands, ensuring optimal use of facilities and equipment.
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