Which type of lathe features multiple cutting stations?

A turret lathe is specifically designed to accommodate multiple cutting tools at various stations, allowing for efficient and complex machining operations without the need to frequently change tools. This versatility makes turret lathes particularly valuable for producing repeated work with different operations, such as turning, drilling, and boring, in a single setup. Each station can hold a different tool, which speeds up the machining process by enabling sequential or simultaneous operations on the workpiece.

In contrast, a standard lathe typically features a single cutting tool at a time, requiring tool changes for different operations, which can slow down production. Additionally, a shaper is a different type of machine used primarily for producing flat surfaces and contours, and it doesn't utilize multiple cutting stations like a turret lathe does. The last choice, "None of the above," does not apply since turret lathes are indeed characterized by their multiple cutting stations. Thus, the correct answer reflects the unique capability of turret lathes that enhance their efficiency and flexibility in machining tasks.