_____ Seeks to Improve Forecast Accuracy,optimize Production Scheduling,reduce Working Capital

question 24

Multiple Choice

_____ seeks to improve forecast accuracy,optimize production scheduling,reduce working capital costs,shorten cycle times,cut transportation costs,and improve customer service;while _____ helps obtain materials and manage physical flows from suppliers through downstream distribution to ensure that customers receive the right products at the right location,time,and cost.

• A)​RFID….GPS
• B)​Execution software….planning software
• C)​Customer service….inbound transportation
• D)​The process approach….cost management
• E)​Planning software….execution software

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Definitions:

Buyer

An individual or entity that acquires goods or services in exchange for payment.

Public

Relating to or involving people in general, rather than being limited to a private group or individuals.

Successful Deals

Agreements or transactions that meet or exceed the objectives and expectations of all parties involved.

Legal Circumference

The boundary or scope within which legal rights, obligations, and jurisdiction are defined.