Supply Chain Software Includes Technologies That

question 19

Multiple Choice

Supply chain software includes technologies that:

• A) address virtually every function and task that occurs in the supply chain.
• B) help organizations plan, execute, and control supply chain activities in real time.
• C) help to maintain visibility of inventory.
• D) all of these answers.

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Definitions:

Cash Budget

A cash budget is a financial plan that estimates cash inflows and outflows over a specific period, helping manage liquidity.

Long-Range Planning

The process of setting goals and developing strategies to achieve these objectives over an extended period.

Short-Term Goals

Objectives set by a business or individual that are intended to be achieved in a short period, typically less than one year.

Direct Labor Hours

The hours worked by employees directly involved in manufacturing a product or providing a service.