In Terms of System Thinking, What Is the Resulting Information

question 101

Multiple Choice

In terms of system thinking, what is the resulting information from the computer program?

• A) Input
• B) Output
• C) Process
• D) Feedback

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Definitions:

Supply Chain Surplus

Supply chain surplus is the difference between the value a product provides to the customer and the costs of the supply chain in delivering the product.

Warehousing Needs

The requirements related to the storage, handling, and management of goods and materials in a warehouse.

Supplier Performance

The evaluation of how effectively and efficiently a supplier meets the requirements and expectations set by the buyer, including delivery, quality, and cost.

Intermediary

An intermediary acts as a middleman in the distribution chain, facilitating transactions between producers and end users.