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Activity Based Costing

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A key feature of a flexible manufacturing system is:

the power provided by such a system to manufacture an entire family of products on a single flow line.
the use of mathematical models to control raw materials purchases.
the determination of the most economical production-run size.
the maintaining of appropriate levels of raw materials, work in process, and finished goods inventories to meet production and consumer needs.

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (A)

the power provided by such a system to manufacture an entire family of products on a single flow line.

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