What Do Firms Now Typically Use Via the Internet to Coordinate

question 70

Multiple Choice

What do firms now typically use via the Internet to coordinate the flow of materials into manufacturing,through manufacturing,and out to customers?

• A)flexible manufacturing technology
• B)lean production
• C)computer-aided manufacturing
• D)electronic data interchange
• E)just-in-time inventory systems

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Definitions:

Check Register

A record maintained by an account holder to keep track of checks written, deposits made, and current account balances.

Bank Statement

A document that summarizes all the transactions entered into by an account holder within a specific time frame.

Outstanding Checks

Outstanding checks refer to checks that have been written and recorded in the check register but have not been cashed or cleared by the bank yet.

Service Charge

An additional fee charged for services rendered, often added to a bill in restaurants or for banking services.