Which One of the Following Statements About Flexible Automation Is

question 125

Multiple Choice

Which one of the following statements about flexible automation is BEST?

• A)Investment cost is lower when a transfer machine handles many operations.
• B)Chemical processing plants and oil refineries mainly utilize programmable automation.
• C)It is an automatic process that can be reprogrammed to handle various products.
• D)It achieves top efficiency;accommodating new products is difficult and costly.

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Definitions:

Customer Problems

Issues or complaints that consumers face while using a product or service, often addressed by businesses through customer service or product improvements.

Exit Strategy

An exit strategy is a planned approach to withdraw from a business or investment, aiming to secure maximum gain or minimize loss, often considered by entrepreneurs and investors from the outset.

Financial Plan

A comprehensive evaluation and strategy that outlines an individual's or entity's current financial situation and future objectives.

Critical Risks

Significant potential challenges or threats that could have adverse effects on an enterprise's operations or success.