A _____ Is a Software Used to Define,execute,monitor,and Maintain the Decision

question 10

Multiple Choice

A _____ is a software used to define,execute,monitor,and maintain the decision logic that is used by the operational systems and processes that run an organization.

• A)product life cycle management system
• B)database management system
• C)supply chain management system
• D)business rule management system

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Definitions:

Fixed Expenses

Costs that do not vary with the level of production or sales over a short period, such as rent and salaries.

Relevant Costs

Future costs that will differ under various alternatives, considered important for making financial decisions.

Special Order

An order for goods or services that is outside the company's normal scope of operations or requires customization to meet the customer's specific requirements.

Excess Capacity

A situation where a company can produce more goods or services than currently demanded by the market, indicating underutilization of resources.