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anygoal [31]
3 years ago
13

Give three examples of business processes or operations that would benefit significantly from having detailed real-time or near

real-time data and identify the benefits.
Business
1 answer:
LenaWriter [7]3 years ago
6 0

Answer:

Business Processes/Operations that would benefit from having detailed real-time or near real-time data are:

  1. Air Tower/Radar Monitoring Operations
  2. Hualage/Logistics Operations
  3. Forex/Stock Trading Transactions

Explanation:

  1. Lower Risk: Real-time data in operations lowers risk, minimizes room for errors are decisions for course correction are made instantly as the data occur.
  2. Improved Efficiency: to make decisions on the spot based on real data mean to cut down on time spent before decisions are made. Hence, increased efficiency.
  3. Lower costs: Real-time collection and use of data imply automated systems. An Automated system allows for instant decisions without requiring the accumulation of paper trails. In most cases, real-time data also provide uncommon insights into the deep operations of the company.

Cheers!

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On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1440000, bearing interest at
Vilka [71]

Answer:

$28,800

Explanation:

I will just assume that there are three equal annual principal payments of $480,000. If we use $550,000, the total principal would = $1,650,000.

accrued interests from September to December = principal x (9%/12) x 4 months

principal = $480,000 x 2 = $960,000

accrued interest payable  = $960,000 x 0.75% x 4 = $28,800

3 0
3 years ago
If beginning inventory is $60,000, cost of goods purchased is $380,000, and ending inventory is $50,000, cost of goods sold is $
k0ka [10]

Answer:

390,000

Explanation:

The cost of goods sold is the expense incurred in producing goods to be sold in a period. It is abbreviated as COGS.

The cost of goods sold is calculated using the formula

COGS = opening stock + purchase/ cost of goods manufactured - ending stock

In this case:

Beginning  stock = $60,000

Ending stock =$50,000

Cost of goods manufactured $380,000

COGS= $60,000 + $380,000- $50,000

COGS = $390,000

5 0
3 years ago
Suppose gdp in this country is $800 million. enter the amount for government purchases. national income account value (millions
Bess [88]

Answer:

Therefore government purchases is $300 million

Explanation:

In this case, GDP is the sum of consumption, investment, and government purchases. To calculate the value of consumption we use the formula:

CC + II + GG = Y

GG = Y - CC - II

Where:

government purchases = GG

taxes minus transfer payments (TT) = $260 million

consumption (CC) = $300 million

investment (II) = $300 million

Y = country GDP = $800 million

GG = Y - CC - II

Substituting:

GG = $800 million - $300 milllion - $300 million

GG = $200 million

Therefore government purchases is $300 million

7 0
3 years ago
When a company has high operating leverage: Select one: A. It has low fixed costs. B. It borrows to cover most costs. C. It has
docker41 [41]

Answer:

C. It has high fixed costs relative to variable costs is the correct answer.

Explanation:

4 0
3 years ago
You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you
vladimir2022 [97]

'You work as the inventory manager at a golf pro shop.' In this scenario, you are in the role of buyer. This is further explained below.

<h3>Who is a buyer?</h3>

Generally, a buyer is simply defined as one who purchases a product or service.

In conclusion, In a golf pro shop, you're the inventory manager.' You play the buyer in this scenario.

Read more about  buyer

brainly.com/question/13954956

#SPJ1

8 0
2 years ago
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