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3 years ago

You are registering for a technology conference which includes the following:

Business

1 answer:

Julli [10]3 years ago

7 0

Hi, you've asked an incomplete question. The remaining part of the question reads;

Think about some of the pieces are they just data? or are they put into a meaningful context? are they something that is known? Listed, are some of the things that you may do when you register/ travel for a conference. Think about the different things and select either data, information or knowledge.

1. Data of the conference -- select either data, information, or knowledge

2. Confirmation of conference registration-- select either data, information, or knowledge.

3. List of specific sessions-- select either data, information, or knowledge.

4. Upcoming technology conferences--select either data, information, or knowledge.

5. Confirmation of registered sessions -- select either data, information, or knowledge.

6. Limit of airline schedules -- select either data, information, or knowledge.

7. Upcoming airline specials -- select either data, information, or knowledge

8. Completed airline reservation -- select either data, information, or knowledge.

9. Completed car rental reservations -- select either data, information, or knowledge.

10. List of deals at special restaurants-- select either data, information, or knowledge

11. List of restaurants in the area -- select either data, information, or knowledge.

12. List of different rental cars -- select either data, information, or knowledge.

13. Confirmation of rental cars -- select either data, information, or knowledge.

Explanation:

Key terms definition:

data: can basically refer to a collection of raw facts that are not arranged in any meaningful context.
information: this refers to data that has been processed/arranged into meaningful context.
knowledge: can be defined as the awareness or understanding of a particular subject or thing based on experience.

Answer:

Hence, based on the definition of key terms above we could make a classification of the different things below:

Data of the conference: data of the conference as data.
Confirmation of conference registration= information
List of specific sessions= information.
Upcoming technology conferences= information.
Confirmation of registered sessions= knowledge.
Limit of airline schedules= data.
Upcoming airline specials= information.
Completed airline reservation= information.
Completed car rental reservations= knowledge.
List of deals at special restaurants= data.
List of restaurants in the area= data.
List of different rental cars= data.
Confirmation of rental cars= knowledge.

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3 years ago

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katrin2010 [14]

Answer:

No, their economic cost of enrolling in the business program is not the same for both,

Explanation:

The explicit costs of going back to college are the same for Walter and Jesse, e.g. they might be $20,000 per year, or even $30,000 doesn't matter for this analysis. But Walter is currently working as a teacher and that means taht if he decides to go to college, his implicit costs will include the forgone salary as a teacher which is $50,000 per year. Implicit costs are opportunity costs, i.e. additional costs or benefits lost from choosing one activity or investment instead of another alternative.

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3 years ago

Hotel California Hotel California is a luxury hotel which has just got a new manager, Rocky. Given its location and quality, the

harkovskaia [24]

Answer:

Hotel California

a) The cost of reserving too little by one, (the underage cost) Cu

= $100

b) The cost of reserving too much by one, (the overage cost) Co =

= $200

c) The optimal service level

= 0.33

d) The number of rooms that should be reserved for last-minute customers, Q

= 3

Explanation:

a) Data and Calculations:

Charges per room per night (purchase cost) = $200

Charges for last-minute requests per room per night (selling price) - $300

Value of unsold reserved rooms (Salvage value) = $0

Minimum of last-minute customers, Min = 1

Maximum of last-minute customers, Max = 10

a) The cost of reserving too little by one, (the underage cost) Cu = Selling price - Purchasing cost

= $300 - $200

= $100

b) The cost of reserving too much by one, (the overage cost) Co = Purchasing cost - Salvage value

= $200 - $0

= $200

c) The optimal service level = Cu/Co+Cu

= $100/$200 + $100

= $100/$300

= 0.33

d) The number of rooms that should be reserved for last-minute customers, Q

= Cu/Co+Cu (Max - Min) + Min

= 0.33 * (10 - 1) + 1

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Answer:

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Answer:

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