A large factory is monitoring machinery with digital sensors and collecting the data.
How can this data directly impact the factory's sustainability goals?
Factory staff can use the data to schedule time more efficiently to reduce payroll expenses.
The data provides real-time information to allow the factory to quickly adjust resources.
Factory employees can use data to track production trends over a specified period of time.
The data will help the factory engage with local manufacturers about supply and demand.
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Answer:
The data provides real-time information to allow the factory to quickly adjust resources.
Explanation:
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The data obtained from large factories or industries are used for the analysis of the development of the product produced in the industries.
- Data-Planet Statistical Database: It helps to access a repository of standardized and structured statistical data.
- Annual Retail Trade Survey: The survey provides information on the products in the market that contributes to its growth or termination.
- Annual Survey of Manufactures: The industries cover mining, construction, and focus primarily on manufacturing.
- These are a few examples of data obtained from industries that determine its growth or termination.
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