A Flexible Manufacturing System

question 48

Multiple Choice

A flexible manufacturing system

• A)creates bottlenecks in the process
• B)leads to an "us" versus "them" attitude among workers
• C)shortens the physical distance between activities
• D)is organized along functional lines

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Definitions:

Pay Structure

An organized system of compensating employees that defines the different levels of pay for jobs or groups of jobs within an organization.

Economic Forces

Factors that affect the behavior of consumers, businesses, and governments in the economy, such as inflation, employment rates, and GDP growth.

Product Markets

The venues or mediums where goods and services are bought and sold.

Standard Error

The standard deviation of the sampling distribution of a statistic, often estimating the precision of a sample mean relative to the population mean.