Which of the Following Is a Synonym for Data-Mining

question 55

Multiple Choice

Which of the following is a synonym for data-mining?

• A) Data discovery
• B) Cluster analysis
• C) Data mart
• D) Data parsing
• E) Knowledge discovery in databases

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Definitions:

JIT Systems

Just-In-Time Systems refer to a strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Inventory

The quantity of goods or materials that a business holds for the purpose of resale or production.

JIT Partnerships

Collaborations between companies and their suppliers to implement Just-In-Time inventory strategies, aiming to reduce waste and increase efficiency.

In-plant Inventory

The stock of goods and materials held within a manufacturing plant for the production process or for immediate use.