Production and Materials Management ERP Components Handle Production Planning and Execution

question 14

True/False

Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

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Definitions:

Effective

The state at which something is able to accomplish its intended purpose, produce the desired outcome, or is in force.

Received

pertains to the act of accepting or taking possession of something given, sent, or delivered to an individual or entity.

Reasonable Means

Methods or actions that are considered fair, sensible, and appropriate given the circumstances.

UCC

Stands for the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.