In manufacturing, one way to compete with cheap labor is to
A) use robots.
B) hire experienced people.
C) make the production line longer.
D) increase inputs to the system.

Question

Quizplus · Accepted Answer

Using robots can increase efficiency and reduce the reliance on human labor, making the production process more cost-effective and competitive with cheap labor. This is because robots have a higher level of precision and speed than human labor, leading to increased productivity and ultimately lower costs. Hiring experienced people may also increase efficiency, but may also come with a higher cost. Lengthening the production line or increasing inputs to the system may not necessarily lead to cost savings or increased competitiveness.

In Manufacturing, One Way to Compete with Cheap Labor Is