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Case Based Critical Thinking Questions Case 5-2

question 51

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Case Based Critical Thinking Questions Case 5-2
Carlos has developed a database for his organic farm. The farm sells organic produce and meat. In addition to the retail sales of his products, he offers cooking demonstrations five times each month for a small fee. The demonstrations are limited to 10 people. The database contains the following tables: Products, ProductPrices, ProductCosts, Suppliers, Customers, and CookingDemos. The Products, Product Prices, Product Costs and Suppliers tables are related using the ProductID field. The Customers and CookingDemos tables are related on the CustomerID field. Carlos needs to make some decisions using his database. Determine the best method for Carlos to use to achieve the results he wants.
Carlos needs to decide which cooking demonstrations to offer next month.  He would like to offer his five most popular demonstrations. Which method would be best for Carlos to use to find this information from his database?


Definitions:

Investment

An asset or item acquired with the goal of generating income or appreciation in value, often involving wealth being used today in the hope of future benefits.

Annual Payments

Regular payments made once a year, often used in the context of loans, annuities, or insurance policies.

APR

Annual Percentage Rate, which represents the annual cost of borrowing or the annual yield from an investment.

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