ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

OPERATIONS PLANNING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Production of computers needs to be flexible because
A
demand is price elastic
B
demand is unpredictable
C
there is little competition
D
there is a large market
Explanation: 

Detailed explanation-1: -Flexible manufacturing system; a process that is highly adaptable and can produce different products with minimal changeover times or reconfiguration.

Detailed explanation-2: -Flexible Clothing Manufacturing with Nike Nike is one example of a clothing company that has incorporated some automation and flexible manufacturing into its operations. Over the years they have partnered with various automation companies to increase their manufacturing speed and innovate product lines.

There is 1 question to complete.