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A Favorable Outcome of Flexible Manufacturing Is That a Company

question 89

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A favorable outcome of flexible manufacturing is that a company is able to produce many more varieties of a product than before,in the same amount of time.


Definitions:

B-type Steel Sheets

A classification for steel sheets, indicating specific properties or uses, typically related to the grade or quality of the steel.

Solver

An optimization tool in Excel that finds the best solution to a problem by changing multiple variables.

Optimal Number

The most favorable, efficient, or effective quantity or value given a certain context or criteria.

Monthly Profit

The total revenue of a business minus its expenses, costs, and taxes calculated on a monthly basis.

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