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Both "Server" and "Database" are terms from the world of computing that are sometimes mistaken with one another. Virtualization has emerged as a popular choice for large companies, as it enables servers and databases to function as virtual instances. The capabilities of redundancy, backup, and recovery can be found in Databases and Servers alike. They also have the ability to handle the concurrent processing of data by a number of users and possess qualities related to security.What is a Server?The term "server" comes from the world of computing and refers to a piece of computer software or hardware that offers ... Read More
There are three key milestones in the evolution of software development. The waterfall method, which focuses on the time required to release a product, was introduced first. The agile technique followed, which optimised the development life cycle.DevOps now aims to bring development and operations together as a single team. It boosts productivity, promotes collaboration, and produces better goods.What Exactly is Agile?In the SDLC process, Agile Methodology entails continual iteration of development and testing. This style of software development focuses on iterative, incremental, and evolutionary development.The agile development approach divides the product into smaller components and assembles them for final testing. ... Read More
In electrical engineering, a transformer is a static electrical machine which is employed for transforming the level of alternating voltage, i.e. for stepping-up and stepping down the voltage, for transmitting the electric power from generating station to utility points.The transformer changes the level of alternating voltage without changing its frequency. The transformer works on the principle mutual inductance. A typical transformer consists of two windings one is primary winding and the other is secondary winding. The input supply is connected to the primary winding of the transformer, while the transformed output is taken from the secondary winding, also the load ... Read More
In electric circuits, resistance (or resistor) is one of the elementary component. The resistors are connected in different fashion in an electric circuit, such as series, parallel and series-parallel, etc.This article is meant for explaining the differences between combination of resistances in series and parallel. Also, we have briefly explained the series combination and parallel combination of resistances.Resistances in SeriesWhen two or more resistances are connected end to end, i.e. the ending terminal of one resistance is connected to starting terminal of second resistance, and the ending terminal of second resistance to the starting end of third resistance and so ... Read More
Resistance and resistivity are the major terms associated with the opposition in the flow of electric current in a circuit. The most significant difference between resistance and resistivity is that resistance is the measure of opposition offered by the material in the path of electric current, whereas resistivity is the property of material by virtue of which it opposes the electric current.In this article, we have explained all the significant differences between the resistance and resistivity in detail. Also, we have added a short description of resistance and resistivity for the reference of reader.What is Resistance?Electrical resistance is defined as ... Read More
Both multimeter and clamp meter are types of electronic measuring and testing instruments used to measure different types electrical quantities such as current, voltage, resistance, etc. However, these two devices test different electrical measurements. It is difficult to find out which instrument to choose for a specific measurement, especially if one is new to electrical work. But, in simple words, we can say that a multimeter is used to measure current, voltage, resistance, continuity, etc. while the clamp meter is used to measure currents.In this article, we have explained the differences between the multimeter and clamp meter along with their ... Read More
For a business to continue running with granting credit, it must continuously monitor the accounts receivables so that there is no laxity in the process of credit collection. There are two traditional methods that are used to monitor accounts receivables. These areAverage Collection PeriodAging Schedule.As these methods have some limitations, analysts now use the collection experience matrix method to judge the accounts receivables efficiency of a firm.Average Collection Period (ACP)The Average Collection Period Formula (ACP) is –$$\mathrm{ACP \:= \:\frac{Debtors \:\times \:360}{Credit \: sales}}$$The average collection period calculated with this formula is compared with the real collection period of the firm ... Read More
The notable drawback of traditional methods of monitoring receivables is that they are dependent on aggregated data. Moreover, methods such as Average Collection Period (ACP) and aging schedule fail to relate outstanding accounts receivables of a certain period with the credit sales in that particular period of time.Therefore, two professionals can arrive at two different results when they aggregate sales and receivables data differently. How can this anomaly be resolved? The best way to remove such a problem is to use disaggregated data for analyzing collection experiences. The key here is to relate receivables to sales data in the same ... Read More
What is Discriminant Analysis?Apart from using a numerical scoring model, a firm may use discriminant analysis in credit scoring models.Discriminant analyses for credit scoring are divided into two sections. They are as follows −Simple Discriminant AnalysisMultiple Discriminant Analysis Models.Discriminant models are objective methods of finding the differences between good and bad customers. By applying discriminant analysis, the lending firms can discriminate good credit customers from the bad ones.Simple Discriminant Analysis ModelAs mentioned above, the simple discriminant analysis model is an objective method to separate the bad credit customers from the good ones. The lenders often look for a solid method ... Read More
Aging ScheduleThe aging schedule is a summarized list of accounts receivable broken down into different time periods that rank the receivables depending on days until due or past due. The aging schedule is generally divided into 30 days’ categories so that the current items are listed in the 0–30 days’ category, moderately overdue items are listed in the 31–60 days’ category and very overdue are listed in other categories.ExampleCustomerTotal DueCurrent due (under 30 Days)1-30 days past due31-60 days past due61-90 days past dueMore than 90 daysCompany ABC100, 00080, 00020, 000 Company XYZ70, 000 30, 00030, 00010, 000Company AXY25, 00020, 000 5000 Total195, 000100, 00020, ... Read More