Final answer:
Flexible manufacturing involves technologies that increase production efficiency, adapt to changing needs, and reduce production costs.
Step-by-step explanation:
Flexible manufacturing involves a range of manufacturing technologies designed to accomplish three main things:
- Increase production efficiency: Flexible manufacturing systems utilize automation and advanced machinery to streamline production processes and reduce human error. This leads to faster production times and improved overall efficiency.
- Adapt to changing production needs: Flexible manufacturing systems can easily be reconfigured and reprogrammed to accommodate changes in product design, production volume, or customer requirements. This allows manufacturers to quickly respond and adapt to market demands.
- Reduce production costs: By automating tasks and optimizing production processes, flexible manufacturing systems can help reduce labor costs, minimize material waste, and improve resource utilization. This ultimately leads to lower production costs and improved profitability.