In Reference to Behavioral and Technical Considerations,it Is Fair to Say

question 54

True/False

In reference to behavioral and technical considerations,it is fair to say that technical considerations do not help managers make wise economic decisions.

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Definitions:

MES

Manufacturing Execution System, a control system for managing and monitoring work-in-process on a factory floor.

Resource Management

The process of planning, allocating, and managing resources effectively, including human skills, assets, and materials.

Data Collection

The systematic approach to gathering and measuring information from varied sources to get a complete and accurate picture of an area of interest.

Dependent Demand

Describes a situation where the demand for one product is directly tied to the demand for another, such as components required to assemble a final product.