Examlex
All of the following are characteristics of an ERP system EXCEPT:
Network Models
Mathematical representations or methods used to examine the interactions or relationships between parts within a network, often applied in operations research and telecommunications.
Simulation
The use of models to study the behavior and performance of real-world processes, systems, or events in a controlled environment.
Inventory Modelling
The mathematical modeling of inventory systems to optimize the inventory levels, ordering quantities, and safety stock to minimize costs and meet demand.
Douglas McGregor
An American social psychologist best known for his Theory X and Theory Y classification, describing differing perceptions of workforce motivation.
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