Final answer:
Flexible production is useful in combination with lean production methods to reduce requirements for workers and inventory. By quickly adjusting and adapting production processes to meet changing demands and customer preferences, companies can optimize production and minimize costs.
Step-by-step explanation:
Flexible production is useful when combined with lean production methods that use automation and information technology to reduce requirements for workers and inventory. Flexible production allows a company to quickly adjust and adapt its production processes to meet changing demands and customer preferences. By using technology and automation, companies can efficiently produce a variety of products while minimizing labor and inventory costs.
For example, imagine a clothing manufacturer that uses flexible production methods. Through automation and technology, they can easily switch between different clothing styles, colors, and sizes based on customer demand. This allows them to reduce the need for excess inventory and efficiently meet customer needs promptly.
Overall, by combining lean production methods with flexible production, companies can optimize their production processes, minimize costs, and efficiently meet customer demands.