Examlex
All of the following are operation risks of ERP systems except:
Opportunity Costs
The cost of forgoing the next best alternative when making a decision, crucial in evaluating the true cost of any economic choice.
Law of Increasing Costs
An economic principle stating that as the production of one good increases, the opportunity cost of producing an additional unit of this good also increases, assuming all resources are fully utilized.
Capacity Utilization Rate
A measure of how efficiently a firm or economy is using its productive capacity, often expressed as a percentage of total potential output.
Full Capacity
The maximum level of output that a company can produce and supply under normal conditions.
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