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A flexible manufacturing system (FMS) is a manufacturing system in which there is some amount of flexibility that allows the system to react in case of changes, whether predicted or unpredicted. This flexibility is generally considered to fall into two categories, which both contain numerous subcategories.
A flexible work arrangement (FWA) empowers an employee to choose what time they begin to work, where to work, and when they will stop work. [1] The idea is to help manage work-life balance and benefits of FWA can include reduced employee stress and increased overall job satisfaction. [1]
Flexibility is used as an attribute of various types of systems. In the field of engineering systems design, it refers to designs that can adapt when external changes occur. Flexibility has been defined differently in many fields of engineering, architecture , biology , economics , etc.
External numerical flexibility is the adjustment of the labour intake, or the number of workers from the external market. This can be achieved by employing workers on temporary work or fixed-term contracts or through relaxed hiring and firing regulations or in other words relaxation of employment protection legislation, where employers can hire and fire permanent employees according to the ...
As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [ 5 ] Although LLCs and corporations both possess some analogous features, the basic terminology commonly associated with each type of legal entity, at least within the United States, is sometimes different.
Flextime, also spelled flex-time or flexitime (), is a flexible hours schedule that allows workers to alter their workday and adjust their start and finish times. [1] In contrast to traditional [2] work arrangements that require employees to work a standard 9 a.m. to 5 p.m. day, Flextime typically involves a "core" period of the day during which employees are required to be at work (e.g ...
Cross-training in business operations, also known as multiskilling, [1] [2] involves training employees for flexible response to changing production schedules.. Cross-training has been closely linked to cellular manufacturing—for example, in a book segment, "Cross Training in Cells and Flow Lines."
Broadly speaking, modularity is the degree to which a system's components may be separated and recombined, often with the benefit of flexibility and variety in use. [1] The concept of modularity is used primarily to reduce complexity by breaking a system into varying degrees of interdependence and independence across and "hide the complexity of each part behind an abstraction and interface". [2]