Critical Thinking Questions Case 11-2

question 52

Multiple Choice

Critical Thinking Questions Case 11-2
You have been chosen to be a teaching assistant in your database course. The instructor asks you to prepare a presentation on Big Data.
Which of the following is NOT one of the three V's of Big Data.

• A) Volatility
• B) Volume
• C) Velocity
• D) Variety

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Definitions:

Desired Profit

The targeted amount of profit a company aims to achieve in a specific period.

Manufacturing Costs

Expenses directly related to the production of goods, including raw materials, labor, and overhead.

Contribution Margin

The amount by which the sales revenue of a product exceeds its variable costs, contributing to covering the fixed costs and generating profit.

Bottleneck

A bottleneck in a manufacturing system that happens when the incoming work exceeds the capacity of the production process.