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Home > QFINANCE Dictionary > Definition of flexible manufacturing system

Definition of

flexible manufacturing system

  • 1.

    various stages of production under central computer control an integrated system of computer-controlled machine tools and transport and handling systems under the control of a larger computer. Flexibility is achieved by having an overall method of control that coordinates the functions of both the machine tools and the handling systems.

  • 2.

    computer-controlled system producing variety of parts an integrated, computer-controlled production system that is capable of producing any of a variety of parts, and of switching quickly and economically between them

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Definitions of ’flexible manufacturing system’ and meaning of ’flexible manufacturing system’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’flexible manufacturing system’ and other financial terms with our online QFINANCE Financial Dictionary.

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