Under which one of the following environments would you opt for a higher degree of resource flexibility?
A)a firm using a flexible flow strategy
B)a firm facing a stable demand
C)a firm using a line flow strategy
D)a firm producing only one product

Question

Quizplus · Accepted Answer

A firm using a flexible flow strategy produces a variety of products and therefore requires a higher degree of resource flexibility to be able to switch production processes quickly and efficiently. This is in contrast to a firm using a line flow strategy, which produces a single product and is more suited to standardized and efficient production processes. Similarly, a firm producing only one product or facing a stable demand may not require as much resource flexibility.

Under Which One of the Following Environments Would You Opt