What is business intelligence? 1) raw facts that describe the characteristics of an event or object. 2) data converted into a meaningful and useful context. 3) information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making 4) skills, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million.a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.