The benefit of a flexible manufacturing system is that:
A) the lot size needed to manufacture a firm's product efficiently is reduced.
B) workers are no longer needed in the numbers required by standard manufacturing systems.
C) the technological advantage of the company is expanded.
D) the company is further enabled to shut down during periods of economic decline.

Question

Quizplus · Accepted Answer

A flexible manufacturing system allows for smaller lot sizes to be manufactured efficiently, which can lead to cost savings and increased efficiency for the company. It does not necessarily reduce the need for workers or enable the company to shut down during economic decline, and while it may expand the technological advantage of the company to some extent, this is not necessarily the main benefit.

The Benefit of a Flexible Manufacturing System Is That