Explain the primary difference between a database and a data warehouse.
What will be an ideal response?
The primary difference between a database and a data warehouse is that a database stores information for a single application, whereas a data warehouse stores information from multiple databases or multiple applications and external information such as industry information. This enables cross-functional analysis, industry analysis, market analysis, etc. all from a single repository. Data warehouses support only analytical processing (OLAP).
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Arbitration provides foreign businesses a forum other than the U.S. court system to address disputes that involve U.S. sellers or buyers.
Answer the following statement true (T) or false (F)
Which of the following is NOT an input to S&OP?
A) capacity decisions B) supply-chain support C) workforce D) inventory on hand E) master production schedule
When a firm needs a large amount of capital for an extended period of time, what type of financing, even with stiff annual or semi-annual interest payments, might be best?
A) Retained earnings B) Corporate bonds C) Common stock D) Stock split E) IPO
Calculate the equivalent units of conversion.
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 110,000. Units completed and transferred out: 135,000. Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $43,000. Costs in beginning Work in Process - Conversion: $48,850. Costs incurred in February - Direct Materials: $287,000. Costs incurred in February - Conversion: $599,150. A) 165,000 B) 130,250 C) 140,000 D) 144,000 E) 110,000