A Main Advantage of ERP Is That It Describes a Specific

question 5

Short Answer

A main advantage of ERP is that it describes a specific hardware and software ____________________ that ensures connectivity and easy integration of future systems, including in-house software and commercial packages.

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Definitions:

Service Time Distribution

A statistical measure of the variation in time it takes to provide a service to customers, often used in queuing theory to model and improve business processes.

Arrival Rate Distribution

In queuing theory, it is the probability distribution of the frequency at which entities arrive at a system to receive service.

Number of Phases

The distinct stages through which a process, project, or phenomenon passes.

Number of Channels

Refers to the methods or pathways through which a product or service is distributed from the manufacturer or provider to the consumer.