Which of the Following Statements Regarding Collaborative Planning,forecasting,and Replenishment (CPFR)systems

question 27

Multiple Choice

Which of the following statements regarding collaborative planning,forecasting,and replenishment (CPFR) systems is BEST?

• A)In CPFR,each business develops a sales and operations plan and the mainframe system reconciles these plans to find a middle ground that all businesses work towards.
• B)CPFR is a set of business processes.
• C)CPFR has the Project Management Body of Knowledge (PMBOK©)as its basis.
• D)Recent studies have demonstrated that manual,paper-based CPFR systems are more responsive and more accurate than computer-based CPFR systems.

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Definitions:

Wechsler

Refers to a series of standardized tests used to evaluate cognitive abilities and intellectual abilities, including the Wechsler Adult Intelligence Scale (WAIS).

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often acquired through personal experience.

Formal Academic Knowledge

Structured and systematic knowledge acquired through formal education systems, such as schools and universities.

Knowledge by Description

Understanding that comes from being told or reading about something rather than experiencing it directly or innately.