I think the answer would be data mining. It is the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is a process of making patterns from a large data by use of different methods. Hope this helps.
The answer is Credit card.
Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
Answer:
there are seven used today
Answer:
This is an example of quality control
Explanation:
A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.
One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.
Quality control helps companies identify areas that need to be improved, thus raising overall product value.
Answer:
Please find the detailed answer as follows:
Explanation:
Consider the table attached in the excel.
The above are the requirements of the units of material if demand of 8080 units of S has to be completed.
The requirement of units of U for maintenance is given in the second table.
As the lead time for S is two weeks the components should be ready by the fifth week.
As the lead time for components T and U both is 2 weeks their components should be ready by the third week.
Hence in the first week the required number of units of V, W, Y and Z are to be ordered as all of them are required in the third week.
The required number of units of X are to be ordered in the second week to be ready in third week.
The required units of U, Y and Z are to be ordered considering the requirement to make S plus the maintenance requirements.
