According to the ________,A Majority of Data Is Seldom Accessed

question 97

Multiple Choice

According to the ________,a majority of data is seldom accessed after a 3-month period.

• A)Principle of data in context
• B)Principle of 90/90 data use
• C)Principle of diminishing data value
• D)Principle of data quality

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Definitions:

Material Requirements Planning

A production planning, scheduling, and inventory control system used to manage manufacturing processes efficiently.

Master Production Schedule

A detailed plan that outlines what a manufacturing facility will produce, in what quantities, and when, to meet anticipated demand.

Bill of Material

A comprehensive list of raw materials, components, and instructions required to construct, manufacture, or repair a product or service.

Inventory Records

Documentation that tracks the quantity, value, and location of products or materials held by a company.