A company's ability to support varying rates of production is best described as:
A) volume flexibility.
B) variety.
C) consistent quality.
D) development speed.

Question

Quizplus · Accepted Answer

Volume flexibility refers to a company's ability to support varying rates of production, enabling them to adjust their output according to changing demand, seasonal fluctuations, etc. This means that a company can increase or decrease production levels, without sacrificing quality, based on the market demand.

A Company's Ability to Support Varying Rates of Production Is