The Terms Used in a Fuzzy Logic System to Describe

question 32

Multiple Choice

The terms used in a fuzzy logic system to describe imprecise states or conditions are referred to as:

• A)neural networks.
• B)membership functions.
• C)inference engines.
• D)taxonomies.
• E)tags.

Distinguish between different types of shopping motives and shopping orientations.

Understand strategies for managing customer expectations and responses in retail.

Understand the role and impact of salespeople in consumer interactions.

Comprehend the importance of consumer traits and needs in sales.

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Definitions:

Net Income

The total profit of a company after deducting all expenses, taxes, and losses, indicating its financial performance over a period.

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period, including operating expenses and cost of goods sold.

Direct Materials

Raw materials that can be directly linked to the production of specific goods or services.

Factory Overhead

Indirect costs associated with manufacturing, such as utilities, maintenance, and management expenses, not directly tied to production volumes.