Name and describe three problem areas suitable for expert systems
What will be an ideal response?
• Interpretation: Inferring situation descriptions from observations.
• Prediction: Inferring likely consequences of given situations.
• Diagnosis: Inferring system malfunctions from observations.
• Design: Configuring objects under constraints.
• Planning: Developing plans to achieve goals.
• Monitoring: Comparing observations to plans and flagging exceptions.
• Debugging: Prescribing remedies for malfunctions.
• Repair: Executing a plan to administer a prescribed remedy.
• Instruction: Diagnosing, debugging, and correcting student performance.
• Control: Interpreting, predicting, repairing, and monitoring system behaviors.
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Which of the following statements is true of fixed and variable costs?
A) Both costs are constant when considered on a total basis. B) Variable costs are constant in total, and fixed costs are constant per unit. C) Both costs are constant when considered on a per unit basis. D) Fixed costs are constant in total, and variable costs are constant per unit.
Financial shenanigans involving recording revenue too soon includes all of the following except:
A. Recording revenue when future services are still to be provided B. Recording revenue after customer acceptance C. Recording revenue when the customer is not obligated to pay D. Recording revenue before shipment of a product
What are the four basic characteristics that determine how a firm is financed?
What will be an ideal response?
Mintzberg’s approach suggests that strategists formulate strategy from _________.
a. The newspapers b. Textbooks c. Strategic thinking tools d. Consultancy models