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Suppose you're trying to determine whether to upgrade the equipment at your manufacturing firm, and you decide to measure flexibility. Flexibility is an ambiguous term

Suppose you're trying to determine whether to upgrade the equipment at your manufacturing firm, and you decide to measure flexibility. Flexibility is an ambiguous term that might easily be perceived as "immeasurable," but you know better. How would you decompose the idea of flexibility, both theoretically and by an example

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