Concept about Data Collection Frequency and How Data is Gathered

Asked By 40 points N/A Posted on -
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Can anybody tell me what Data Collection Frequency is?

I am not clear about the concept.

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Best Answer by shafiqrasel
Answered By 0 points N/A #128340

Concept about Data Collection Frequency and How Data is Gathered

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Data Collection Frequency refers to the time frequency at which data is collected at regular intervals to whatever time in any given length of period. Having this knowledge is very important for some business company. According to some IT peoples data collection solutions are important because they enable the business organization to have real time information and visibility in supply chain.

This can greatly improve decision making processes, accuracy in customer information and products or services sales and material availability and reporting data warehouse operations. The data collection frequency can also help increase return of investments (ROI) through improved equipment and labor productivity.

Bi-directional extracts refer to the ability of a system to extract, cleanse and transfer data in two directions among different database types which include hierarchical, networked, and relational databases.

Answered By 0 points N/A #128341

Concept about Data Collection Frequency and How Data is Gathered

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Data Collection Frequency indicates the time of the day or day of a year in any given period. In other words, it is the data collection rate.

But data is not simply collected rather it is passed through steps like extracting, cleansing, transforming and arranging in usable manner. In changing scenarios, frequent data update is required and companies need to analyze latest data for their decision making process.

So, people responsible for databank left spaces for storing Data Collection frequency.

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Best Answer
Answered By 0 points N/A #128342

Concept about Data Collection Frequency and How Data is Gathered

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Data collection frequency is extremely important in recording inventory transactions. A company can take a physical inventory to be used later in reconciling quantities recorded in stocks. The inventory transaction records can be used to record inflows (receipts) and outflows (shipments) of inventory at loading stocks.

At the final stage, the data of inventory transactions will be batch updated along with implementing extensive and intensive error checking for quantities, negative inventories validated warehouse amounts and valid serial number.

All these activities are monitored by the data warehouse system and data collection frequency will be useful in analyzing so many things like if the transactions were legal or illegal and many other related useful information.

Data collection frequency is particular a great help in advertising and marketing by determining media exposure of, say, an e-commerce website. And e-commerce website needs to have intensive media exposure.

In the internet where e-commerce takes place, there are thousands of other competitors. There competitors will do all they can to get top exposure to internet users and buyers. One way to do this is to get top ranks in search engines.

Data collection frequency record is a good determinant for media exposure of the e-commerce site and the products and services it offers. The record for frequency of data collected could be used in calculating the number of prospects which have been reached with different media vehicles at different levels of frequency of exposure.

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