Gaining critical business insights by querying and analyzing such a very big amounts of data is suitable need of the hour and become a challenge to the standard data taking out approach. This data comes from a broad range of sources such as logs, social communication, sensors etc. The organizations are facing new challenges to analyze vast amounts of information. The different aspects of the big data make it difficult to manage. Big data requires speed for its processing.
As it adapts, it becomes more complex, due to additions added to keep the program up to date. As it evolves, it has a certain dynamic, and it evolves due to a certain rate due to the developer’s decision making process. As it changes, it can introduce new faults and the larger the change, the larger the amount of faults. Finally, software needs to change or users will be unhappy with it. Lehman’s laws break down if the environment doesn’t change
2. What are the constraints? There are budget and time constraints. The discovery and development of drugs risky process that can consume a lot of time and money. The longer it takes to get develop a new drug, the more money it will cost and if the drug ends up harming participants that test new drugs, that will be a lot of money down the drain.
Their writings explain that in order to sustain the competitive advantage, it is crucial to develop resources that will strengthen the firm's ability to continue the superior performance. Any industry or market reflects high uncertainty and, in order to survive and stay ahead of competition, new resources become highly necessary. agrees, stating that the need to update resources is a major management task since all business environments reflect highly unpredictable market and environmental conditions. The existing winning edge needed to be developed since various market dynamics may make existing value-creating resources obsolete. The working capital target is an important part of an acquisition where millions of dollars are at stake, is poorly understand by many, and is typically left until later stages of the deal.
In that situation, although the main goal of the Supply Chain Management (SCM) is to achieve a solution with maximize profit for all SC’s partners, there is often a great disparity between possible benefits and the practice (Simatupang et al., 2004). This situation occurs because there are several troubles regarding Supply Chain which need to be solved by an efficient Supply Chain Management. Some of these difficulties are: take a long lead times, large number of unfulfilled orders, they are performed with much extra effort, e g: overtime, high level of unnecessary inventories and lack of relevant inventories, lack of key customers engagement, large number of emergency orders and expedition levels, high levels of devolution, wrong materials orders, frequent changes and/ or absence of control related to priority orders, which suggests on schedule clashes of the resources, among many others. (Goldratt et al.,
The high inter-connect rates can also prevent investments in the virtual business model especially since the volume of calls is highly unpredictable. According to Cartesian , there is network spare capacity due to high infrastructure investment, combined with the low customer satisfaction and the ramping up demand, there is a high probability of important MVNO deployment. 3.1.1. Alternatives for
2) There is no doubt about the quality of the data collected. If required, it may be possible to obtain additional data during the study period. Some Disadvantages of using Primary data are: 1) The investigator has to contend with all the hassles of data collection- deciding why, what, how, when to collect getting the data collected personally or through others. 2) It is not easy getting funding and dealing with funding agencies and ethical considerations 3) Cost of obtaining the data is often the major expense in studies Some Advantages of using Secondary
Digital Divide – This technology is reducing the geographical boundaries to education. The individuals and various educational and even non-educational organizations can have at their door-step a huge information, world wide educational course ware, irrespective of their location. However, this access to information is not free of cost, further it needs to spend on expensive hardware and software & limitations of ‘Telecommunications’ creates the major hurdles to most of the organizations intending to use ICT. To meet the global needs and to face the global competition, a poor country like Vietnam has also began to obtain the internet access and started implementation of ICT in their educational sector. But, it is increasing the cost of infrastructure for the educational institutes.
Since all students and applications depend on the ~vailabi1ity of the DBMS, the disappointment of any part can convey tasks to an end Cost of DBMS The cost of DBMS fluctuates essentially, contingent upon nature and usefulness gave. There is additionally the repetitive yearly upkeep cost. Additional Hardware costs The plate stockpiling prerequisites for the DBMS and the Database may require the buy of extra storage room. Moreover, to accomplish the required execution it might be important to buy a bigger machine, maybe even a machine devoted to running the DBMS. The obtainment of extra equipment brings about further consumption.
Lastly, Vitaton Sdn Bhd use product-oriented layout is costly. It is because that the machines in this type of layout are arranged on the basis of sequence of operations and not according to functions. Therefore, it will results in duplication of similar type of machines needed for different lines of production. Besides that, they also may faced the system is at risk from equipment breakdown, absenteeism and downtime due to preventive. Location Strategy As we