For the Following Situation,draw a Context-Level Diagram and a Level-0

question 168

Essay

For the following situation,draw a context-level diagram and a level-0 data flow diagram.Kellogg State Bank provides car and home loans to its banking customers.Initially,a potential loan customer meets with a Kellogg loan officer,requests a loan for a certain amount and time frame,and completes a loan application.Next,the loan officer determines the customer's credit standing,the type of loan required,and available interest rates.While the loan officer can authorize car loans for credit worthy customers,a loan committee must approve all home loans.

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Definitions:

Consumption Point

A specific point on a consumer’s budget constraint that shows the combination of different goods or services they will consume to maximize utility.

Wheat

A cereal grain considered a staple food in many parts of the world, used to make products like bread, pasta, and cereal, among others.

Cattle

Domesticated large animals raised in agriculture for purposes like meat (beef), milk, or hide production.

Crude Oil

A natural petroleum product that’s extracted from the ground and is a global primary energy source, undergoing refinement for various uses.