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Smartphones and Siri by Apple as an example are latest technologies fusion that came into our life. Siri uses smart speech recognition technology that is supported by the power of backend cloud infrastructure. Many data intensive appliances and applications still to enter your life and arrive into your house.
In this Discussion, you will consider how Big Data can solve some problems in your day-to-day routine and your living environment.
To complete this Discussion
Post: Describe how Big Data can solve a problem in your personal life or home environment. Include the following:
A company operates plants in both the unites states(where capital is relatively cheap and labor relatively expensive) and mexico(where labor is relatively cheap and capital is relatively expensive).
Suppose a recent and widely circulated medical article reports new benefits of exercise. Simultaneously, the price of the parts needed to make bikes falls. What is the likely effect on the equilibrium price and quantity of exercise bikes sold
“Scalping” refers to the practice of reselling tickets at a higher-than-original price, which happens often with athletic and artistic events. Is this “ripping off” why or why not?
Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H)= 400√H and C(H) = 100H. The corresponding formulas for marginal benefit and marginal cost are MB= 200/√H and MC(H) = 100. What is your bes..
Suppose that you are the top marketing manager for the Pepsi-Cola Co. You are engaged in an intense battle for market share in domestic beverage market with Coca-Cola Co.
Your company manufactures controllers used in the production of commercial air conditioning units and currently selling them at $50 each. Marginal costs are $30 for production up to 10,000 units per month.
To repay a $1000 loan, a man paid $90 at the end of each month for fifteen months. What was the (annual) nominal interest rate? Assume monthly compounding.
if you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco products indicating which would be the most influential.
Early in 2007, a survey of greenhouses indicated that the demand for houseplants was rising sharply. AT the same time, large numbers of low price producers started growing plants for sale. The overall result was a drop in the average price of hou..
Sports Authority and Modell's Sporting are engaging into the following one-shot game: if Sports Authority advertises and Modell's Sporting Goods does not, Sports Authority will make $20 million in profits and Modell's Sporting Goods will make ..
Given his current output level, his marginal cost is $40 (enter your response to the nearest dollar) and his average cost is $ (enter your response to the nearest dollar Can you assist with "his average cost" I thought it was 42 but that was inc..
Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers indicating the most likely impact to p..
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