__________ is a strategy based on the use of IT to reduce the costs associated with the product assembly process or the way serv

Question

elena-14-01-66 [18.8K]

3 years ago

12

__________ is a strategy based on the use of IT to reduce the costs associated with the product assembly process or the way serv

ices are delivered to customers.

Business

1 answer:

xeze [42] · Answer 1 · 2022-04-01T01:44:10+03:00

Answer:

Flexible manufacturing

Explanation:

A flexible manufacturing system (FMS) refers to a manufacturing system that has a certain degree of flexibility to swiftly respond to unpredicted changes in the manufacturing orders and processes. FMS generally result in a increase in labor productivity and machine efficiency, as well as shorter lead times and increased production rate. If well executed, FMS should provide the same benefits as economies of scale but without the large scale production.