Data _____________ Tools Move Beyond Excel Graphs and Charts into Sophisticated

question 44

Short Answer

Data _____________ tools move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts,controls,instruments,maps,time-series graphs,and more.

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Definitions:

Controlling Inventory

The practice of overseeing and managing the ordering, storage, and use of components that a company will use in the production of the items it will sell, as well as the managing of quantities of finished products for sale.

Selecting Suppliers

The process of identifying, evaluating, and choosing among prospective vendors who can provide goods or services to the company.

Product Layout

A manufacturing configuration in which equipment and workstations are arranged according to the sequence of operations for a specific product.

Process Layout

An arrangement of resources in manufacturing or service operations where similar processes are grouped together based on function.