Enabling Management to Make Better Decisions Regarding Organizing and Scheduling

question 14

Multiple Choice

Enabling management to make better decisions regarding organizing and scheduling sourcing, production, and distribution is a central feature of

• A) SCMs.
• B) TPSs.
• C) KMSs.
• D) ERPs.

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Definitions:

Benefits to Costs

Refers to evaluating the advantages and disadvantages or gains and expenses associated with a decision, project, or purchase.

Needs and Wants

Fundamental human requirements and desires that drive consumption behavior, where needs are essential for survival and wants are additional desires.

Product Improvement

The process of making meaningful changes to a product to increase its usability, functionality or performance.

Production-oriented

describes an approach focused on the efficiency of producing goods, often at the expense of customer needs and preferences.