What is the purpose of the data warehouse and how do retailers use it?
What will be an ideal response?
Purchase data collected at the point of sale goes into a database known as a data warehouse. The information stored in the data warehouse is accessible on various dimensions and levels. Analysts from various levels of the retail operation extract information from the data warehouse to make a plethora of retailing decisions about developing and replenishing merchandise assortments. Data warehouses also contain detailed information about customers, which is used to target promotions and group products together in stores.
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After a certain point, no further learning occurs, and each subsequent repetition or unit produced take the same amount of time, and the system has reached a steady state. This is illustrated by the ______ of the learning curve.
A. steep increase B. steep decrease C. flattening D. smoothing
To check the feasibility of the Master Production Schedule, one would look to:
a. Rough-Cut Capacity Plan b. Material Requirement Plan c. Capacity Requirement Plan d. Distribution Requirement Plan
The optimal capital structure of a firm ________ the marketable claims and ________ the nonmarketable claims against the cash flows of the firm.
A) minimizes; minimizes B) minimizes; maximizes C) maximizes; minimizes D) maximizes; maximizes E) equates; (leave blank)
Janos Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$111 Units in beginning inventory 300Units produced 2,000Units sold 2,200Units in ending inventory 100 Variable costs per unit: Direct materials$29Direct labor$30Variable manufacturing overhead$4Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$34,000Fixed selling and administrative expense$39,600The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month.What is the net operating income for the month under absorption costing?
A. $8,800 B. $12,200 C. $1,700 D. $24,800