Flexible Manufacturing Technologies Allow Companies to

question 17

Multiple Choice

Flexible manufacturing technologies allow companies to

• A) mass-produce a standardized output at a low delivered cost.
• B) avoid plant-level diseconomies of scale.
• C) produce small batches of high-quality customized products at a high cost.
• D) ride down the experience curve more rapidly than competitors.
• E) produce small batches of customized products at a relatively low cost.

---

Definitions:

Right to Control

The authority or power to regulate, direct, or command something or someone's actions or decisions.

Conduct

Refers to the manner in which an individual behaves, especially within a professional or formal context.

Employer-Employee

The legal relationship between a person or company who hires and the individual who is hired to perform a specific task.

Agency Agreements

Legal contracts specifying the terms under which an agent will act on behalf of a principal in business dealings.