When Designing Production Facilities,designers Generally Find That

question 45

Multiple Choice

When designing production facilities,designers generally find that:

• A)automated machinery is severely limited in flexibility regarding product variety and sizes.
• B)general-purpose machines require skills that are built into a special-purpose machine.
• C)they have to choose between low-output specialized machinery and higher-output,general-purpose machines.
• D)general-purpose machines do not require skills that are built into a special-purpose machine.
• E)that automated machinery is severely limited in flexibility regarding product variety and sizes,and general-purpose machines require skills that are built into a special-purpose machine.

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Definitions:

Market Equilibrium

A market state where the supply of an item is exactly equal to its demand, leading to a stable price.

Opportunities

Situations that present possibilities for achieving positive outcomes or advantages.

Constraints

Limitations or restrictions that affect decision-making or the ability to pursue certain actions.

Economic Beings

Individuals or entities that make decisions based on the maximization of utility or profit, considering factors like scarcity, resources, and preferences.