Which of the Following Is True Concerning Enterprise Resource Planning

question 102

Multiple Choice

Which of the following is true concerning Enterprise Resource Planning (ERP) systems?

• A)They grew out of the material requirements planning systems that preceded them.
• B)They will allow customers to track their orders.
• C)They are considered sunk costs.
• D)All of these answer choices are correct.

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Definitions:

Units Per Period

A metric that indicates the quantity of production, sales, or any other measurable activity within a specified timeframe.

Marginal Product

The increase in output that results from employing one more unit of a specific input, holding all other inputs constant.

Bushels

A unit of volume that is used in the United States for measuring agricultural products, such as grains.

Marginal Product

The increase in output resulting from a one-unit increase in the amount of a single input used, holding all other inputs constant.