Describe OLAP, and Explain What a Data Cube Is

question 45

Short Answer

Describe OLAP, and explain what a data cube is.
Section reference 1: Business Intelligence Applications for Data Analysis

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Definitions:

Output

The quantity of goods or services produced in a given period of time.

Returns to Scale

The change in output resulting from a proportionate increase in all inputs (factors of production), where increasing, constant, and decreasing returns to scale can occur.

Long-Run Average Total Cost

The average cost per unit of output in the long term when all inputs can be varied by the firm and economies of scale have been reached.

Output

The total amount of goods or services produced by a company, industry, or economy within a given period.