Tourism Includes the Activities of Persons Travelling to and Staying

question 42

True/False

Tourism includes the activities of persons travelling to and staying in places outside their environment for not more than one consecutive year for business, leisure, and other purposes.

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Definitions:

Lot-Sizing Algorithms

Mathematical formulas designed to determine the optimal order quantity that minimizes the total costs, including ordering and holding costs.

MRP

A system known as Material Requirements Planning calculates the necessary components and materials for manufacturing a product.

DRP

Disaster Recovery Plan; a strategy for business continuity that focuses on recovering IT infrastructure and systems after a disaster.

Enterprise Resource Planning

A software system that allows an organization to manage and integrate important parts of its business.