Flexibility refers to:
A) all the operational expenditures of a cost associated with the requisite information systems.
B) a weighted average of a firm's debt and equity, where equity directly relates to a firm's stock.
C) the percentage of orders delivered on or before customer due dates.
D) the selling price of product times the number of units sold.
E) the amount of time required to handle a significant ramp up in production.

Question

Quizplus · Accepted Answer

Flexibility refers to the ability of a company to adjust production levels or processes in response to changing market demands. The amount of time required to handle a significant ramp up in production is a key factor in determining a company's overall flexibility.

Flexibility Refers To