Being able to keep costs low while changing the volume of production is an example of
A) Simplicity
B) Flexibility
C) Visibility
D) Continuous improvement
E) Total quality management

Question

Quizplus · Accepted Answer

Flexibility refers to the ability to change production volume or processes as needed to meet changing market demands or cost-saving goals. Being able to do this while also keeping costs low is a key benefit of flexibility.

Being Able to Keep Costs Low While Changing the Volume