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Reports some of the findings of two years′ research work carried out within a number of manufacturing engineering companies both in the United Kingdom and Brazil. All the companies belong to the automotive industry. The objective of the overall research was to analyse the relationships between the variables of uncertainty, variability of outputs and flexibility in manufacturing systems. The findings are a co‐product of the overall research and are related to the flexibility of the structural (human and technological) manufacturing resources. Derives a new way of looking at stocks and its role in the manufacturing system′s flexibility.

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