A Computerized Inventory System That Simulates Needed Materials Requirements for the Finishedproduct

question 36

Multiple Choice

A computerized inventory system that simulates needed materials requirements for the finishedproduct, and then compares production needs to available inventory balances to determine whenorders should be placed is the

• A) just-in-time system.
• B) materials requirement planning system.
• C) red-line method.
• D) basic economic order quantity system.

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Definitions:

Punishment

A consequence imposed on an individual for a perceived wrongdoing, intended to correct or deter undesirable behavior.

Social Learning Theorists

Scholars who study and explain how individuals learn behaviors, attitudes, and expectations by observing and modeling others in society.

Modeling

A process of learning behaviors by observing and imitating others.

Reinforcement

In behavioral psychology, it is any event that strengthens or increases the behavior it follows.