Examlex

Solved

Which Is Mismatched

question 28

Multiple Choice

Which is mismatched?


Definitions:

Lot-Sizing Algorithms

Mathematical formulas designed to determine the optimal order quantity that minimizes the total costs, including ordering and holding costs.

MRP

A system known as Material Requirements Planning calculates the necessary components and materials for manufacturing a product.

DRP

Disaster Recovery Plan; a strategy for business continuity that focuses on recovering IT infrastructure and systems after a disaster.

Enterprise Resource Planning

A software system that allows an organization to manage and integrate important parts of its business.

Related Questions