Answer:
The correct option is B
Explanation:
Big data is the first generic term as it refers large volume of data available that a business can leverage on .It could be internal or external data,available online or offline. In-fact the data is not specific in any form.
However,data on the internet is next generic it is between big data and Information in a 1,000-page Research Report
Information in a 1,000-page Research Report on the other is very specific as it relates a particular report ,by mere mentioning it people know the exact the report meant.
So all in all,big data first followed by data on internet and lastly Information in a 1,000-page Research Report.
Answer:
a-1. If the inspector position is eliminated, the defects will not be detected. These cost the company $11 to replace.
Defects per hour = 50 * 0.01 = 0.5 units
Cost per hour = 0.5 * 11 = $5.50
a-2. Based on costs alone, the inspection position should be eliminated. This is because the cost of having the Inspection position is $10 but it would only cost the company $5.50 if the position was not there so the cost of the inspection position is more than the cost incurred if it wasn't there.
b. = Inspection fees/ Units inspected per hour
= 10/50
= $0.50 per unit
c. Cost without Inspection is $5.50. With Inspection is $10.
Hourly Loss = 5.50 - 10
= -$4.50
Per unit loss = -4.50/50
= -$0.09
Answer:
A. 200 units per order
Explanation:
To solve this you have to use the <em>economic order quantity</em> formula:
Where:
Demand = 4,000
S= supply cost = ordering cost = 20
H= holding cost = 4
Economic Order Quantity = 200
<em><u>How to Remember:</u></em>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
Answer:
b. the US Dollar
Explanation:
The Bretton Woods Agreement was done in July 1944. It had delegates from 44 countries. The conference held in Bretton Woods, which is in New Hampshire. Hence it got the name, the Bretton Woods Agreement.
Under this system, gold was used as an exchange basis for the United States currency and the currency of other countries were pegged to the value of the dollar of the United States. The Bretton Woods System finally came to an end during the early 1970s as the President Richard M. Nixon made an announcement that their would be no more gold exchange for the US dollars.
Yes but you would need to pay that money back
