The generic operations strategy that reduces the time needed to add new product and process designs and allows volume and design changes and product variety is referred to as _____________.

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The generic operations strategy that best fits the description is a flexible factories strategy. This strategy involves the use of flexible manufacturing systems and agile manufacturing techniques to reduce the time needed to add new product and process designs, allowing for volume and design changes as well as product variety. This approach enables companies to quickly and easily adapt to changing market conditions and customer demand, which is essential in today's rapidly changing business environment.

The Generic Operations Strategy That Reduces the Time Needed to Add