Question: Flexibility. (25 points) Come up with five applications of flexibility in different industries or businesses. Explain how flexibility affects the performance of business activities. You

  1. Flexibility. (25 points) Come up with five applications of flexibility in different industries or businesses. Explain how flexibility affects the performance of business activities. You are encouraged to discuss the applications of flexibility in new business models that are not covered in class. Please notice that the five applications should be different. For example, a car production system is similar to a clothing production system since you have similar processes and performance measures.

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