Question

Which of the following statements is NOT true?A. adding flexibility to the production process can be a major competitive advantage; building flexibility into a production process is usually inexpensive, but difficultB. selecting the best equipment requires understanding the specific industry and available processes and technologyC. the selection of equipment requires considering cost, cash flow, market stability, quality, capacity, and flexibilityD. selection of a particular process strategy requires decisions about equipment and technology

Answer 1

The correct answer is option A.

Step-by-step explanation:

All the statements are true except the first.

Flexibility can be defined as the ability to respond with little penalty in time, cost or customer value.

Adding flexibility to the production process can be a major competitive advantage. But it is both expensive as well as difficult. On the contrary, the statement says that though difficult it is inexpensive which is not true.