An Expert System Would Most Likely Be Used to

question 85

Multiple Choice

An expert system would most likely be used to

• A)retrieve sales data.
• B)determine the status of a customer's order.
• C)determine the optimal layout of a plant.
• D)access relevant data from the company's database.

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Definitions:

Financing Dollars

Funds that are provided for business operations, investments, or other purposes requiring financial support, often in the context of corporate finance or lending.

Costs

The amount of money required to produce, maintain, or acquire a product or service, including direct, indirect, fixed, and variable components.

Risk and Return

The principle that potential return on an investment is correlated with the level of risk involved in making that investment.

Financial Decisions

Choices made by individuals or businesses regarding the management of finances, including investments, budgeting, and financial planning.