The Data in a Data Warehouse

question 34

Multiple Choice

The data in a data warehouse:

• A) are updated constantly in real time.
• B) are updated in batch mode, approximately once per day.
• C) are not updated.
• D) are purged constantly as new data enter.
• E) are available for MIS analysts, but not users.

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Definitions:

Producer Surplus

The difference between what producers are willing to receive for a good compared to what they actually receive, essentially the profit.

Price Rises

An increase in the cost of goods or services, often due to factors such as inflation, increased production costs, or higher demand.

Existing Producers

Companies or individuals that are currently producing and selling goods or services within a market.

Consumer Surplus

The discrepancy between what consumers are prepared and able to spend on a good or service and the actual amount they end up paying.