The ability to produce a wide range of products or services is:
A)mix flexibility.
B)changeover flexibility.
C)volume flexibility.
D)run flexibility.

Question

Quizplus · Accepted Answer

Mix flexibility refers to the ability of a production system to produce a wide range of products or services without any significant loss of efficiency or quality. It is often considered a key competitive advantage for manufacturing firms as it allows them to respond quickly to changing customer demands and market conditions. Changeover flexibility (B) refers to the ability to switch between different production runs or setups quickly, while volume flexibility (C) refers to the ability to scale production volumes up or down as needed. Run flexibility (D) refers to the ability to adjust production processes or parameters to optimize quality, efficiency or other performance metrics.

The Ability to Produce a Wide Range of Products or Services