A System Using an Automated Work Cell Controlled by Electronic

question 81

Multiple Choice

A system using an automated work cell controlled by electronic signals from a common centralized computer facility is called:

• A) an adaptive control system.
• B) robotics.
• C) a flexible manufacturing system.
• D) an automatic guided vehicle (AGV) system.
• E) a manufacturing cell.

Recognize the importance of reducing lot size to minimize cycle inventory.

Understand the concept and effects of volume-based discounts on ordering behavior.

Analyze the exercise of market power through pricing strategies like two-part tariffs for supply chain coordination.

Identify the impact of pricing strategies and forward buying on supply chain dynamics, including demand variability and inventory levels.