Data completeness and data accuracy

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Reference no: EM132197707

1. There is generally a trade off between data completeness and data accuracy.

True or False

2. Data in online transaction processing systems can best support data analytics and therefore should be directly used for such purposes.

True or False

3. ETL (Extract, Transform, & Load) is a necessary process to build an enterprise-wide consistent, integrated data storage “Data Warehouse” which is a major data source for analytics.

True or False

4. If a sporting goods store aims to a service level of 97% when they develop their inventory control system. That means they want to achieve the goal that there will be only 3% probability of running out of stock.

True False

5. Aggregate planning:

a) is short-range production planning

b) the process of developing a plan for production capacity to meet demand over a medium-range horizon

c) involves the master production schedule and purchase material schedule

d) done at the shop-floor level of the organization.

Reference no: EM132197707

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