As Compared to Rigid Automation, the Benefits of Flexible Manufacturing

question 79

Multiple Choice

As compared to rigid automation, the benefits of flexible manufacturing systems include

• A)reduced labor requirements.
• B)higher efficiency.
• C)larger batch sizes.
• D)significantly lower fixed costs.
• E)significantly lower variable costs.

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Definitions:

Independent Variables

Variables that are manipulated or changed in an experiment to test their effects on dependent variables.

Coefficient Of Determination

A statistical measure that quantifies the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Nonlinear Regression Model

A Nonlinear Regression Model is a form of regression analysis in which observational data are modeled by a function that is a nonlinear combination of the model parameters and depends on one or more independent variables.

Beta Coefficients

A measure in regression analysis that indicates the change in the dependent variable expected for a one-unit change in the independent variable.