An Enterprise Resource Planning (ERP) System

question 38

Multiple Choice

An enterprise resource planning (ERP) system:

• A) seeks to eliminate excess waste and reduce inventory to a minimal level.
• B) schedules the production of goods and takes into consideration the available and the required inventory.
• C) eliminates waste from manufacturing and service processes and provides greater customer value.
• D) integrates multiple business functions from purchasing to sales, billings, accounting records, and payroll.
• E) hopes to build a long-term and sustainable relationship with customers that has value for both the customer and the company.

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Definitions:

Cones

Cells in the eye's retina known as photoreceptors are crucial for perceiving colors and operate optimally in well-lit conditions.

Color Constancy

Phenomenon whereby an object’s perceived color tends to remain constant relative to other colors, regardless of changes in illumination.

V4

In the context of neuroscience, V4 refers to a region of the visual cortex that processes visual information, particularly related to color and shape.

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.