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- Define the concept of data warehousing. What are the primary objectives of a data warehouse in a business context?1. How does management science help a business achieve the ideal situation? 2. Briefly discuss the application of Management Science to inventory management.Explain what is inventory control and it's objectives?
- John Ozment, director of special projects and analysis for Ozment’s Corporation, is responsible for preparing corporate financial analyses and monthly statements and reviewing and presenting the economic impacts of proposed strategies to upper management. Data for such financial analyses are obtained from operations and financial databases through direct queries of Ozment’s department staff. Reports and charts for presentations are then prepared by hand and typed. Multiple copies are prepared and distributed to various users. The pressure on Ozment’s group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found.The systems department wants to develop a proprietary software package to produce the reports automatically. The project would require the company to make a considerable programming investment. Ozment is concerned about the accuracy, completeness, and currency of data isautomatically produced reports. He has…The explanation must Related Strategic management accounting 1. What is the impact of lack of technology on the company?A revenue center manager should be reposponsible for these costs, except:A. Costs for volume deliveries B. Return on assets invested C. Costs enhancing customer services D. Advertising and promotional activities costs E. Buying costs of the product or service sold
- 1) Identify any transaction processing system that you have witnessed in any organization. 2) Identify and describe the operational effectiveness given by the transaction processing system to that organization. 3) Draw a flow chart of the flow of transactions in that transaction processing system.What is inventory management. Give summary.1. Identify how digital technology can reduce the problem in Supply Chain Management (SCM)? I. Cost inventory II. Time delivery III. Demand forecasting IV. Quality of product