Fuzzy Logic Systems "Learn" Patterns from Large Quantities of Data

question 82

True/False

Fuzzy logic systems "learn" patterns from large quantities of data by sifting through data,searching for relationships,building models,and correcting over and over again the model's own mistakes.

Understand the concept of disbursement and collection floats in cash management.

Calculate the daily fees appropriate for eliminating float entirely.

Evaluate the financial impact of implementing a lockbox system on collection times and net cash flows.

Determine the average daily float based on the cheque amounts and collection delays.

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Definitions:

Fads and Fashions

Trends that are temporarily popular, often in the realms of clothing, diet, or lifestyle, but which can change rapidly.

Malthus

Thomas Robert Malthus, an 18th-century British economist and demographer best known for his theory that population growth will always tend to outstrip the food supply.

Famine

A severe shortage of food resulting in widespread hunger and starvation, often caused by natural disasters, war, or agricultural failure.

Cyclical Theories

Theories that suggest phenomena or events occur in repetitive cycles or patterns, often applied in economics, history, and sociology.