Production, Mix and Volume flexibility
Production Flexibility
This aspect refers to the range of part styles that can be produced in the system. It is based on the machine flexibility and the range of machine flexibilities
Mix Flexibility
It is the ability with which the product mix in a given system can be changed. This depends to a great extent upon the similarity of parts in the mix, the relative work content times of parts generated and the machine flexibility.
Volume Flexibility
It is the ability to economically produce parts in high and low total quantities of production based upon the market demand. It will base upon the level of manual labour performing production and amount invested in capital equipment.