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A Streamlined Process That Bypasses Paper Documents Altogether and in Which

question 87

Multiple Choice

A streamlined process that bypasses paper documents altogether and in which computers of retailers communicate directly with the computers of suppliers to automate routine business transactions is known as ________.


Definitions:

Master Production Schedule

A detailed plan that outlines exactly what products and quantities will be produced and at what time to meet customer demand.

Phantom Bills

Artificial or virtual bills of materials used in manufacturing and inventory management to simplify complex assemblies and their processes.

Material Requirements Plans

A planning and inventory control system used to manage manufacturing processes by determining material requirements and schedules.

Planned Order Releases

Instructions to start the manufacture, ordering, or delivery of items in a specific period, in accordance with the production schedule.

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