Improved Availability of Sufficient Supplier Capacity,improved Accuracy of Capacity Plans,and

question 3

Multiple Choice

Improved availability of sufficient supplier capacity,improved accuracy of capacity plans,and paperwork reduction are benefits of ______ on supply chain performance.

• A)service ERP systems
• B)MRP systems
• C)MRP II systems
• D)DRP systems

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Definitions:

Natural Disasters

Unpredictable and severe events caused by natural forces such as earthquakes, floods, hurricanes, and wildfires that can result in significant damage and loss of life.

Dictator Game

A game used in experimental economics to study decision-making, where one player (the "dictator") determines how to split an endowment between themselves and another player.

Ultimatum Game

A game in economic experiments where two players decide how to divide a sum of money, with one proposing the split and the other accepting or rejecting it.

Time Inconsistency Problems

A situation in which a person's preferences change over time, such that what they plan to do in the future is inconsistent with their future desires, leading to potential issues in decision-making or policy settings.