_____ Consists of the Electronic Systems for Managing Inventory, Tracking

question 55

Multiple Choice

_____ consists of the electronic systems for managing inventory, tracking sales, pricing products, selling products, and dealing with customer service inquiries.

• A) Information systems
• B) Logistics
• C) Barriers to imitation
• D) Benchmark
• E) Materials management

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Definitions:

Solver

A software tool or function that finds the optimal solution to a mathematical problem or equation by varying multiple variables within constraints.

Personnel Limitation

Constraints or restrictions related to the number or capabilities of staff available for a project or operation.

Net Present Value

A calculation used to evaluate the profitability of an investment, subtracting the present values of cash outflows from the present values of cash inflows.

Binary Variable

A variable that takes on one of exactly two possible values, typically represented or coded as 0 and 1.