Match the Term with Its Definition

question 72

Essay

Match the term with its definition.Some terms may not be used.
a.Business interruption insurance
b.Business owner's policy
c.Commercial general liability insurance
d.Disability insurance
e.Funds transfer fraud
f.Key-person life insurance
g.Package policy
h.Personnel risks
i.Proximate cause
j.Reasonable standard
k.Workers' compensation insurance
-The typical standard of care,based on what a reasonable or prudent person would have done under similar circumstances

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Definitions:

MRPII

Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies.

Financial Planning

The process of estimating the capital required and determining its competition; it's the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Operations And Logistics

The management of the processes involved in producing and distributing goods and services.

EOQ

Economic Order Quantity, a formula used in operations management to determine the optimal order size that minimizes the total inventory holding costs and ordering costs.