The Use of Huge Databases That Combine All of a Company's

question 25

Multiple Choice

The use of huge databases that combine all of a company's data and allow users to access the data directly,create reports,and obtain responses to what-if questions is referred to as:

• A)data mining.
• B)data processing.
• C)transaction processing.
• D)data warehousing.

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Definitions:

Carrying Costs

Expenses incurred for holding inventory, including storage, insurance, and handling costs.

Bond Yields

The amount of return an investor realizes on a bond, calculated by dividing annual interest payments by the bond's current market price.

Reorder Points

The inventory level at which an order must be placed to replenish stock before it runs out, ensuring optimal inventory levels.

Inventory Costs

Costs associated with holding and managing inventory, including storage costs, insurance, depreciation, and potential obsolescence, crucial for supply chain and operations management.