Why do modern operations managers look for flexibility in their equipment?

What will be an ideal response?


Flexibility in equipment provides managers with the ability to respond to changes in demand with little penalty in time, cost, or customer value. And in this age of rapid technological change and short product life cycles, adding flexibility to the production process can be a major competitive advantage.

Business

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What you say is impacted positively or negatively by how you say it

Indicate whether this statement is true or false.

Business

The most effective graphics are computer-generated ones

Indicate whether this statement is true or false.

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A state law classifies people by gender. The strict scrutiny test will always be applied

to determine if the action is constitutional. a. True b. False

Business

Which of the following statements is FALSE?

A) Water transport is slower than rail. B) Rail transport is more suited to bulky low value items than road transport. C) Pipeline capital costs are high in comparison with other modes. D) Truck transport is suitable for distribution of small volume goods to a dispersed market. E) Air cargo is generally used for low value bulky items.

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