Software Applications That Were Developed to Try and Balance Part

question 27

Multiple Choice

Software applications that were developed to try and balance part purchases and plant capacities with production requirements are referred to as __________.

• A) TQM
• B) JIT
• C) MRP
• D) ARP

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Definitions:

Individualism

A social theory or philosophy emphasizing the moral worth and autonomy of the individual over communal or collective interests.

Collectivism

A cultural value or ideology emphasizing the priority of group goals over individual goals and the importance of cohesion within social groups.

Uncertainty Avoidance

Uncertainty avoidance is a cultural dimension that describes the extent to which a society tolerates ambiguity and uncertainty, influencing communication patterns and behaviors.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people feel threatened by ambiguous situations and try to avoid them.