When a company has the ability to produce the same amount of goods with only half the floor space and half the labor that it used in the past, the firm is practicing flexible manufacturing.

Question

Quizplus · Accepted Answer

Using half the floor space and half the labor are characteristic of lean manufacturing. Flexible manufacturing refers to the ability to design machines with interchangeable parts so that the same machine can perform multiple tasks and/or produce a variety of products.

When a Company Has the Ability to Produce the Same