Which of the Following Is True Regarding the Concept of Flexibility

question 79

Multiple Choice

Which of the following is true regarding the concept of flexibility?

• A) It is the ability to change production rates with little penalty in time, cost, or customer value.
• B) It can be accomplished with sophisticated electronic equipment.
• C) It may involve modular, movable, even cheap equipment.
• D) All of the above are true.
• E) None of the above are true.

---

Definitions:

Benefit

The advantage or profit gained from something, often used in the context of analyzing economic decisions.

Second Job

Additional employment taken by an individual besides their primary job, often to supplement income.

Full Time

Employment status in which an individual works a minimum number of hours defined by their employer, typically at least 35 to 40 hours per week.

Business Profits

The financial gain made by a business, which is the excess of revenues over expenses.