Which of the Following Describes a System in Which Suppliers

question 123

Multiple Choice

Which of the following describes a system in which suppliers deliver materials at the time they are needed and finished units are completed when customer orders need to be filled?

• A)Supply chain management (SCM)
• B)Just-in-time (JIT)management
• C)Enterprise resource planning (ERP)
• D)Total quality management (TQM)

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Definitions:

Contract with America

A legislative agenda advocated by the U.S. Republican Party during the 1994 congressional election campaign, which promised reforms and a more efficient government.

1994

A year notable for several global and regional events, including the signing of the North American Free Trade Agreement (NAFTA), the genocide in Rwanda, and the election of Nelson Mandela as South Africa's president.

Demographic Changes

Alterations in the composition of a population over time, including factors such as age, race, employment, urbanization, and birth and death rates.

Rapid

Describes something happening in a fast or speedy manner, often quicker than expected.