Which of the following is TRUE regarding the concept of flexibility?
A) It is the ability to respond with little penalty in time, cost, or customer value.
B) It may be accomplished with digitally controlled equipment.
C) It may involve modular or movable equipment.
D) All of these are true.
E) None of these is true.

Question

Quizplus · Accepted Answer

All of the statements listed are true regarding the concept of flexibility. Flexibility allows a company to respond quickly and efficiently to changes in market demand or customer needs while minimizing any negative impact on time, cost, or customer value. It can be achieved through the use of digitally controlled equipment or modular/movable equipment, among other methods.

Which of the Following Is TRUE Regarding the Concept of Flexibility