________ Is an Intangible Benefit of Information Systems

question 92

Multiple Choice

________ is an intangible benefit of information systems.

• A) Improved decision making
• B) Lower hardware cost
• C) Reduced software cost
• D) Lower maintenance cost
• E) Increased sales

Recognize the impact of lack of coordination on supply chain performance.

Identify how information distortion can exacerbate supply chain issues.

Understand strategies for minimizing the bullwhip effect through operational improvements and information sharing.

Comprehend the role of Vendor Managed Inventory (VMI) and Collaborative Planning, Forecasting, and Replenishment (CPFR) in enhancing supply chain efficiency.

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Definitions:

Manufacturing Overhead

This consists of all the indirect costs related to manufacturing that cannot be directly traced to specific units produced, such as electricity for the factory or maintenance expenses.

Administrative Costs

Expenses related to the general operations of a business, including salaries of senior executives, office supplies, and utilities.

Direct Material

Raw materials that are directly traceable to the manufacturing of a product and are integral to its production.

Direct Labor

The labor costs directly tied to the production of goods or services.