_____ Is the Direct Electronic Transmission,from Computer to Computer,of Standard

question 62

Multiple Choice

_____ is the direct electronic transmission,from computer to computer,of standard business forms between two organizations.When this technique is used orders can become virtually paperless and information about the order is available to both firms.

• A) Business prioritizing
• B) Electronic data interchange
• C) Just-in-Time inventory
• D) Real-time inventory
• E) Direct-sourcing

---

Definitions:

Central Limit Theorem

A statistical theory stating that, given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples will be approximately equal to the mean of the population, with the samples approximating a normal distribution.

Statistical Inference

The process of drawing conclusions about population properties based on a sample taken from the population.

Sample Proportion

The fraction or percentage of items in a sample that exhibit a particular trait or characteristic.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a dataset differ from the mean.