During the most recent economic recession, instead of cutting staffs, most companies chose to freeze or reduce public relations compensation rather than cut headcount

Indicate whether the statement is true or false

TRUE

Business

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Demand planning and estimating leads to the development of the overall ________

A) sourcing plan B) demand paging C) production plan D) demand forecast E) safety stock plan

Business

Legacy systems can prove problematic when information from multiple departmental systems is required to support business processes and decision making. Which of the following scenarios is most similar to the above-mentioned statement?

A) Chuck's is a retail chain that has an inventory management system that is tied to an RFID system. This system notifies Chuck's managers when the inventory in its stores falls below a certain level. B) Quick Software Solutions has an automated system to track employee absence. It also uses a non-automated system like attendance registers that employees sign every day. This information is updated to Quick's database management system on a weekly basis. C) Nuok Tires supplies its products to Fresto, an automobile manufacturer. Nuok Tires' factories are located close to Fresto's factories to minimize transportation costs. D) Fender, a guitar manufacturer, allows customers to design their guitars online. Potential buyers need to send the design with the order to receive their customized guitars. E) Jsutmi successfully pursues a just-in-time inventory system. Recently, however, it has not been able to meet demand due to labor problems.

Business