MATCHING Complete the Following Using the Terms Listed

question 105

Multiple Choice

MATCHING
Complete the following using the terms listed.
-_____ is a computer-based production planning system that ensures a firm has all the parts and materials it needs to produce its output at the right time and place, and in the right amounts.

• A)process layout
• B)LEED certification
• C)Gantt chart
• D)PERT chart
• E)Inventory control
• F)ISO
• G)critical path
• H)Computer-integrated manufacturing
• I)Utility
• J)perpetual inventory
• K)Materials requirement planning
• L)standardization
• M)Routing
• N)assembly line
• O)robot
• P)just-in-time
• Q)benchmarking
• R)synthetic production system
• S)make, buy, or lease decision

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Definitions:

Retailer

A business or person that sells goods to consumers for their personal or household use.

Brick and Mortar

Physical stores or establishments that are physically present in a building or location, as opposed to online or virtual.

Online Sales

The act of selling goods or services over the Internet.

Product Variety

The range of different items or models that a company offers to meet diverse customer needs and preferences.