Except Routine Processing, This Occupies More Resources of the Banking

question 12

Multiple Choice

Except routine processing, this occupies more resources of the banking industry than any other activity.

• A)robbery prevention
• B)fraud prevention
• C) advertising
• D) employee benefits

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Definitions:

Delivery Time

The period it takes for a product or service to be delivered to a customer after an order has been placed.

Implied Demand Uncertainty

The unpredictability in demand faced by a company due to factors like customer preferences, market conditions, and technological changes, indirectly inferred through observed behaviors or trends.

Demand Uncertainty

The difficulty in accurately predicting customer demand, affecting inventory management, production planning, and capacity utilization.

Forecast Error

The difference between the forecasted value and the actual value that occurs, indicating the accuracy of forecasts.