If a company standardizes on the components that are used in different models it will:
A) reduce waste
B) reduce the variety of options offered to the customer
C) reduce the length of production runs
D) require the use of general-purpose machinery

Question

Quizplus · Accepted Answer

When a company standardizes on components used in different models, it can reduce waste by avoiding excess inventory and reducing the number of unique parts that need to be produced and stored. This can lead to cost savings and a more efficient production process. The other options are not necessarily true - reducing component variety offered to customers could have negative effects on sales, and standardized components could still require specialized machinery and longer production runs depending on the products being made.

If a Company Standardizes on the Components That Are Used