Final answer:
The statement about the assembly-line model is true as it revolutionized production by providing a large volume of high-quality outputs in a repeatable and efficient manner.
Step-by-step explanation:
The statement that the assembly-line model of innovation is referred to by that name because it produces a large volume of high-quality outputs in a repeatable fashion is true. The concept of the assembly line was indeed an American invention, developed around 1901, primarily to mass-produce automobiles more efficiently. The key principles of the assembly line include the use of standardized parts, specialized labor where each worker performs a very specific operation, and a moving assembly line where products, such as Ford's Model T, move past various stations for the addition of components. This resulted in quicker production times, greater uniformity of products, and reduced labor costs. The success of this model has seen it adopted across different industries and expanded onto a global scale, allowing complex products like Apple's Mac to be designed, manufactured, and assembled across various international locations.