Which characteristic is associated with the database approach to data management?
a. data sharing
b. multiple storage procedures
c. data redundancy
d. excessive storage costs
A
You might also like to view...
In 1990, the United States and its allies imposed trade embargoes on exports/imports to/from Iraq in response to its invasion of Kuwait. The embargoes would induce smaller losses in Iraq's consumer surplus the
a. lesser its initial dependence on foreign products. b. less elastic Iraq's demand schedule. c. lesser the available output from alternative suppliers. d. more inelastic Iraq's supply schedule.
The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below:
U(X) = ijXij What does Xij represent? A) 1 if the jth level of the ith attribute is present, or 0 otherwise B) the part-worth contribution or utility associated with jth level (j, j=1, 2, ...ki) of the ith attribute (i, i=1, 2, ...m) C) number of attributes D) number of levels of attribute i
The allowance for uncollectible accounts is necessary because
A) a liability results when a credit sale is made. B) when recording uncollectible accounts expense, it is not possible to predict specifically which accounts will not be collected. C) management should know how many credit losses have been sustained over the years. D) uncollected accounts that are written off must be accumulated in a separate account.
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine sewing time constraint for the LP formulation. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced.
A. 3X1 + 2X2 ? 240 B. X1 + 1.5X2 ? 150 C. 3X1 + 2X2 ? 150 D. X1 + 1.5X2 ? 240