Asked by Anusree Nambiar on May 25, 2024
Verified
Henderson Air practices the principles of lean manufacturing, including setting up its production lines so they can easily and efficiently be switched to produce various product lines. Which strategy is this firm using to balance supply and demand?
A) Price
B) Lead time
C) Inventory
D) Production flexibility
Production Flexibility
Production flexibility is the ability of a manufacturing system to quickly adapt to changes in products, production volumes, and manufacturing processes.
- Comprehend the tactics for aligning supply with demand within manufacturing operations.
Verified Answer
HR
Hector RodriguezMay 26, 2024
Final Answer :
D
Explanation :
Henderson Air is using production flexibility to balance supply and demand. By setting up its production lines to be easily and efficiently switched to produce various product lines, the company can adjust to changes in demand without creating excess inventory or experiencing shortages. This allows them to better balance their supply with the demand for their products.
Learning Objectives
- Comprehend the tactics for aligning supply with demand within manufacturing operations.
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