Describe an REA Data Model

question 33

Essay

Describe an REA data model.

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Definitions:

Customer Satisfaction

The degree to which a product or service meets or exceeds customer expectations.

Dollar Fill Rate

A metric that measures the value of goods shipped on time versus the total value of the order.

Pre-Transaction

Activities and considerations that occur before the actual purchase or transaction takes place, such as research or comparison.

Product Availability

The extent to which a product can be purchased by consumers, often dependent on factors like inventory levels and distribution networks.