Which of the following terms refers to the production of a variety of end products at a unit cost that could once be achieved only through bulk production of a standardized output?

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The term mass customization has been coined to describe the ability of companies to use flexible manufacturing technology to reconcile two goals that were once thought to be incompatible-low cost and product customization. Thus mass customization refers to the production of a variety of end products at a unit cost that could once be achieved only through bulk production of a standardized output.

Which of the Following Terms Refers to the Production of a Variety