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Cube vs Application

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Cube vs Application

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What is the difference between a cube and an application in pbcs ?

If I have multiple models, would it be good to have -
1. multiple applications(model) in a single cube OR

2. different cube for each model

scenario - a business has 4 segments. some sub-segments in one segment can be interacting with multiple other sub-segments from another segment.

-Pratik

(Student)