A Project Development Team at Midwest Construction Was Assigned the Task

question 50

Multiple Choice

A project development team at Midwest Construction was assigned the task of improving the efficiency of the firm's accounting information system.As part of the ________ step in the systems development life cycle,the team has determined that implementation of the new system will yield an internal rate of return of 24.8%.

• A) systems analysis
• B) operations and maintenance
• C) implementation and conversion
• D) conceptual design

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Definitions:

TPS

A Transaction Processing System is an information system designed to gather, store, alter, and recover an organization's transaction data.

PLM

Product Lifecycle Management, a systematic approach to managing the series of changes a product goes through, from its design and development to its ultimate disposal.

CIM

Computer-Integrated Manufacturing, an approach to manufacturing that involves the use of computers to control the entire production process, from design and manufacturing to product delivery.

MRP

Material Requirements Planning; a system for efficiently managing manufacturing processes, including inventory control, production planning, and scheduling.