List and define the four database essentials
What will be an ideal response?
Answer: Field is a piece of information about events and objects.
Record is a collection of related fields.
Table is a collection of related records with a unique table name.
Database is a collection of related tables with a unique database name.
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The "Part B - Medical Payments" section of the standard Watercraft or Boatowners policy covers all necessary medical expenses if they are claimed:
a. Within 7 years following a covered accident. b. Within 30 days of a covered accident. c. Within 6 months of the covered accident. d. Within 3 years following a covered accident.
A local artisan uses supplies purchased from an overseas supplier. The owner believes the assumptions of the EOQ model are met reasonably well. Minimization of inventory costs is her objective
Relevant data, from the files of the craft firm, are annual demand (D) =150 units, ordering cost (S) = $42 per order, and holding cost (H) = $4 per unit per year a. How many should she order at one time? b. How many times per year will she replenish her inventory of this material? c. What will be the total annual inventory (holding and setup) costs associated with this material (rounded to the nearest dollar)? d. If she discovered that the carrying cost had been overstated, and was in reality only $1 per unit per year, what is the corrected value of EOQ?