Central Large Mainframe Computing Has Largely Replaced Client/server Computing

question 60

True/False

Central large mainframe computing has largely replaced client/server computing.

Calculate and interpret supplier performance indexes.

Comprehend strategies for customer retention and the importance of customer-driven cost management.

Differentiate between suitable and unsuitable supplier selection criteria.

Understand the principles and benefits of Just-In-Time (JIT) systems in inventory management.

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Definitions:

Note Receivable

A written promise to pay a specified amount of money, usually with interest, at a future date; it is recorded as an asset on the balance sheet.

Due Date

The specific date by which a payment must be made or a task must be completed.

Promissory Note

A written promise to pay a specified sum of money to a certain individual or entity at a specified date or on demand.

Face Amount

An amount at which bonds sell if the market rate equals the contract rate.