The Process of Logical, Systematic Flow of Resources Throughout the Organization

question 98

Multiple Choice

The process of logical, systematic flow of resources throughout the organization is referred to as:

• A)Logistics
• B)Planning
• C)Reporting
• D)Sales forecast

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Definitions:

Equation

A mathematical statement indicating that two expressions represent the same value.

Variables

Elements, features, or factors that are likely to change or vary within the context of a mathematical function or statistical experiment.

Predict

To declare or indicate in advance; especially, to foretell on the basis of observation, experience, or scientific reason.

Confidence

The degree to which one can feel assured about an estimate, prediction, or result, often quantified in statistical analysis as a confidence interval.