The process through which analysts sift through massive amounts of available data to identify unique patterns of behavior among different customer groups is called ________
A) structuring data
B) information overload
C) reality mining
D) data warehousing
E) data mining
E
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Elgin Company's budgeted fixed factory overhead costs are $50,00 . per month plus a variable factory overhead rate of $4.00 per direct labor hour. The standard direct labor hours allowed for October production were 20,000 . An analysis of the factory overhead indicates that in October, Elgin had an unfavorable flexible-budget variance of $1,500 and a favorable production-volume variance of $500
Elgin uses a two-variance analysis of overhead variances. The applied factory overhead in October is: a. $129,500. b. $128,000. c. $130,000. d. $130,500.
Smith-Lockwood, a gift store, ran a half-page advertisement in a regional newspaper for Howard Miller brand clocks. Smith-Lockwood's Howard Miller supplier reimbursed the store's owner for the media cost. This is most likely an example of ________ advertising.
A. trade B. institutional C. co-op D. national E. industrial
Solid Surface, a countertop store, will give customers a 10 percent discount if they pay their bills in full in 20 days; however, after 20 days they do not receive a discount. This is an example of a ________.
A. seasonal discount B. quantity discount C. promotional allowance D. cash discount E. trade discount
_____ costs do not change as output is increased or decreased
a. Marginal b. Variable c. Fixed d. Total