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An Integrated Collection of Information That Is Logically Related and Stored

question 70

Multiple Choice

An integrated collection of information that is logically related and stored in such a way as to minimize duplication and facilitate rapid retrieval is called a ________.


Definitions:

Push And Pull Systems

Supply chain strategies where "push" involves production based on forecasted demand and "pull" relies on actual demand signals for production.

Inventory Management System

A technology-based approach that tracks inventory levels, orders, sales, and deliveries to ensure that the right product is available at the right time.

Seasonality

The occurrence of fluctuations in demand, production, or other variables based on seasonal trends or patterns, often predictable within a calendar year.

Inventory

The total amount of goods or materials held in stock by a business, crucial for meeting customer demand and ensuring smooth operations.

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