____ is determined by the relationship between resources expended and the benefits gained in achieving a goal.

When attached to a product, an RFID tag contains a(n) ____ that replaces the universal product code (UPC) with much more information.

The ____ of a specific raw material is the optimal quantity that allows a business to minimize overstocking and save cost, without risking understocking and missing production deadlines.

One common use for a CMS is to execute cash transactions in which financial institutions transfer huge amounts of money using ____.

____ help HR managers post position vacancy announcements for employees to peruse and consider from their own PCs.

Serving customers better and faster, as well as learning more about their experiences and preferences, is facilitated by ____ systems.

A ____ consists of three phases: procurement of raw materials, processing the materials into intermediate and finished goods, and delivery of the goods to customers.

The purpose of _____ is to track every financial transaction, small or large, within a company from salaries and benefits to the sale of every item.

____ combines material requirements planning (MRP) with other manufacturing-related activities to plan the entire manufacturing process, not just inventory.

Input to MRP applications includes a list of all raw materials and subcomponent demands, called the ____, and the economic order quantity of different raw materials.

To save resources, businesses use IT to promote to people most likely to purchase their products. This activity is often referred to as ____.

Systems that deal specifically with cash are often called ____.

____ systems process the data to instruct machines, including robots, how to manufacture the parts and assemble the product.

The time between generating an idea for a product and completing a prototype that can be mass-manufactured is known as engineering lead time, or ____.

The electronic movement of money from an account in one bank to an account in another bank is called ________.

____ involves the creation of one-of-a-kind products to test design in three dimensions.

____ applications streamline operations throughout the chain, from suppliers to customers, lowering inventories, decreasing production costs, and improving responsiveness to suppliers and clients.

Efficiency can be expressed mathematically as ________.

Engineering includes ____, developing a concept, creating mock-ups, building prototypes, testing, and other activities that require investments of time, labor, and money.

____ defines the degree to which a goal is achieved.