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Dropdown 1: all of the indicated
Dropdown 2: integration capabilities
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Difficulty:
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Question Stats:
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correct 49%
(02:45)
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The graph shows an analyst's assessment of how the cost of processing capacity for a certain type of information management software depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities. Most information management software of this type has nonzero capacities provided by all three methods. Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type. The lines continue to the right with similar slopes beyond the points shown.
Select from the drop-down menus the options that create the statement that most accurately reflects the information provided.
For the information management software with levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of .
ashutosh_73 The graph shows an analyst's assessment of how the cost of processing capacity for a certain type of information management software depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities. Most information management software of this type has nonzero capacities provided by all three methods. Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type. The lines continue to the right with similar slopes beyond the points shown.
Select from the drop-down menus the options that create the statement that most accurately reflects the information provided.
For the information management software with levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of
Show more
What does the graph show? There is an IMS (information management software). The graph shows how the cost of processing capacity for it depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities.
The IMS needs to have some processing capacity. If we want higher capacity, then the cost for it will be more. How much more depends on what is used - point-to-point interfaces, interfacing capabilities, or integration capabilities
The point-to-point (P2P) interface line is a thick black straight line with a constant slope. Every time you increase capacity by 1 unit, cost will increase by a fixed amount (say by 3 units). The slope of the line is high. The cost will be least for P2P only in case of very small amount of processing capacity. Thereafter, the P2P rises above both other graphs.
The interfacing capabilities graph is the blue curve. As processing capacity increases, cost increases but not as sharply as in P2P. The slope of the graph is higher to begin with but it becomes a lot more flatter at high processing capacity.
The integration capabilities graph is the dotted line which is very flat from the beginning itself. It starts at a higher cost (above the other two graphs) but as processing capacity increases, the cost increases minimally.
For the information management software with _________ levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of __________
We are discussing "adding processing capacity". So if we were to add processing capacity, the cost incurred will be only the additional cost of increasing the capacity. Whatever cost was incurred at the beginning is not to be considered. The additional cost will be given by the slope of the graph. Say processing capacity has to be increased from the first red line to the second red line. The rise in the graph (additional cost) is minimum for integration capabilities. Say processing capacity has to be increased from the first green line to the second green line. The rise in the graph (additional cost) is minimum for integration capabilities. This will be true for all regions of the graph.
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Hence, at all indicated levels of processing capacity, it would be least expensive to add capacity when using integration capabilities.
ANSWER: all indicated levels integration capabilities
Question says ''least expensive to add a small amount of processing capacity'' In other words, question is asking for the rate of change(COST/PROCESSING CAPACITY) OR slope. Graph with broken line has the least slope all along.
The graph shows an analyst's assessment of how the cost of processing capacity for a certain type of information management software depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities. Most information management software of this type has nonzero capacities provided by all three methods. Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type. The lines continue to the right with similar slopes beyond the points shown.
Select from the drop-down menus the options that create the statement that most accurately reflects the information provided.
For the information management software with levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of
Show more
'it would be least expensive to add a small amount of processing capacity by means of __2__' means we are looking for the relation between cost and processing capacity, and this would be given by the slope of lines and curves at any point. Least expensive would mean lesser cost when we increase the processing capacity, that is lesser of flattish slope as move towards right in the graph. Dwadesh72, the answer to your question lies in the above colored portion. A straight line will always give you the same ratio, which is cost per unit of processing capacity here.The point-to-point interface is a straight line, so irrespective of the location on the line, the cost/processing unit will be the same. So, if we were asking for most expensive, the point-to-point interface would be correct but the first blank will then be all of the indicated.
Coming to the question, Now, we know that we have to look for the slope of the curve or line. The dotted line has the least slope, so least expensive, and this makes it the correct option for the second blank.
Now, the first option would require dividing the horizontal axis in two portions, left and right. Left gives lower levels of processing capacity(pc) and right gives us higher levels of pc.
The slope of dotted line is not constant. It rather tends to move downwards in the higher levels, giving a negative cost. So, mathematically it would be 'Higher but not lower levels' for blank 1, if we look for a specific point.
But, as we are comparing the three lines to each other ( the reason for using least expensive), the dotted line has the least slope through out and hence, 'all of the indicated' would fit in in the first blank.
The graph shows an analyst's assessment of how the cost of processing capacity for a certain type of information management software depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities. Most information management software of this type has nonzero capacities provided by all three methods. Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type. The lines continue to the right with similar slopes beyond the points shown.
Select from the drop-down menus the options that create the statement that most accurately reflects the information provided.
For the information management software with levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of
Show more
KarishmaBchetan2u can you help me what the dropdown means? What is meant by 'lower levels but not the software with higher' or 'higher levels but not the software with lower'? I am not able to ynderstand what these options mean wrt the question's context
The graph shows an analyst's assessment of how the cost of processing capacity for a certain type of information management software depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities. Most information management software of this type has nonzero capacities provided by all three methods. Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type. The lines continue to the right with similar slopes beyond the points shown.
Select from the drop-down menus the options that create the statement that most accurately reflects the information provided.
For the information management software with levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of
KarishmaBchetan2u can you help me what the dropdown means? What is meant by 'lower levels but not the software with higher' or 'higher levels but not the software with lower'? I am not able to ynderstand what these options mean wrt the question's context
Show more
When you write the relevant portion of the statement, it would be information management software with 'lower levels but not the software with higher' levelsof processing capacity
So, we are looking at two parallel things as given in brown colored portion and both of these refer to the processing capacity. Now, the processing capacity is given by x-axis, so basically we are talking of the part of the curve when compared to the x-axis.
Thus, looking at the grapgh, we can say 'lower levels but not the software with higher' would mean the left portion of the graph where the processing capacity is low. 'higher levels but not the software with lower' would mean the right portion of the graph where the processing capacity is high.
Got this correct, but still don't know what [Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type.] mean. What minimums are they talking about? Are they referring to the very first point on the y-axis of the three lines. I swear the wording in the Data Insight section sometimes is even harder than that in the Verbal.
ashutosh_73
The graph shows an analyst's assessment of how the cost of processing capacity for a certain type of information management software depends on whether that capacity is provided using point-to-point interfaces, interfacing capabilities, or integration capabilities. Most information management software of this type has nonzero capacities provided by all three methods. Cost and capacity levels indicated by the levels of the curves at the far left end of the graph reflect minimums that are shared by all information management software of this type. The lines continue to the right with similar slopes beyond the points shown.
Select from the drop-down menus the options that create the statement that most accurately reflects the information provided.
For the information management software with levels of processing capacity, it would be least expensive to add a small amount of processing capacity by means of .
Why cant "higher levels but not the software with lower" be correct with integration capabilities? It does seem like at the lower levels the cost is not the least expensive(because of the slight upward tilt of the dotted line).
In this question, does approximate answer win over accurate answer? Is that it?
If you look at the other replies for this question they have images and explain it well. But the reason is that we are adding a small amount of additional processing capability to the already existing amount. Not starting from zero.
srik410
Why cant "higher levels but not the software with lower" be correct with integration capabilities? It does seem like at the lower levels the cost is not the least expensive(because of the slight upward tilt of the dotted line).
In this question, does approximate answer win over accurate answer? Is that it?