​The Single Most Important Contributor to an Increase in Life

question 48

Multiple Choice

​The single most important contributor to an increase in life expectancy is

• A) ​the decrease in the infant mortality rate.
• B) ​the increase in individuals' beliefs in the importance of exercise.
• C) ​advancement in medical technology.
• D) ​advancement in medical care.

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Definitions:

Volume Flexibility

The ability of a manufacturing or service system to economically adjust its output in response to fluctuations in demand.

Variety Flexibility

The ability of a manufacturing system or company to quickly adapt its operations to produce a wide range of products.

Capacity Management

The process of planning and controlling the resources needed to meet production demands, ensuring optimal use of facilities and equipment.

Peak Demand Season

The period during which a business experiences the highest level of consumer demand for its products or services, often leading to inventory and supply chain challenges.