Expert systems are typically used in business in discrete, highly structured decision-making situations
Indicate whether the statement is true or false
TRUE
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Which of the following is an accurate statement?
A) Skills can be learned, whereas characteristics cannot B) Skills can be learned, whereas characteristics develop over time C) Skills develop over time automatically, while characteristics need effort D) Skills and characteristics are both pre-set intrinsic qualities, which may develop over time with concentrated effort
A company expects next year's overhead costs to be $400,000. During this time, the company also expects to produce 1,000,000 units, have 200,000 direct labor hours, and 800,000 machine hours.Make the following independent calculations.a. Compute a plantwide overhead rate using units of production as the allocation base.b. Compute a plantwide overhead rate using direct labor hours as the allocation base.c. Compute a plantwide overhead rate using machine hours as the allocation base.
What will be an ideal response?
Art direction is the
A. process of managing the visual presentation of the ad. B. whole presentation, including all visual, verbal, and aural elements. C. execution of the step-by-step process outlined in the creative brief. D. integration of the efforts of the copywriter and the artist. E. technique for transforming concepts into verbal and nonverbal ad components.
Which of the following statements is CORRECT?
A. The discounted payback method recognizes all cash flows over a project's life, and it also adjusts these cash flows to account for the time value of money. B. The regular payback method was, years ago, widely used, but virtually no companies even calculate the payback today. C. The regular payback is useful as an indicator of a project's liquidity because it gives managers an idea of how long it will take to recover the funds invested in a project. D. The regular payback does not consider cash flows beyond the payback year, but the discounted payback overcomes this defect. E. The regular payback method recognizes all cash flows over a project's life.