In Contrast to a Batch Processing System,in a Real-Time System

question 25

Multiple Choice

In contrast to a batch processing system,in a real-time system

• A)a lag occurs between the time of the economic event and when the transaction is recorded
• B)relatively fewer hardware, programming, and training resources are required
• C)a lesser resource commitment per unit of output is required
• D)processing takes place when the economic event occurs

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Definitions:

Number of Workers

The total count of individuals employed or available for employment within a business or economy.

Law of Diminishing Returns

The principle that as one factor of production is increased while others are held constant, the incremental gains in output will eventually decrease.

Marginal Output

The additional output that results from using one more unit of a particular input, holding all other inputs constant.

Resource (Labor)

Human effort, both physical and mental, used in the production of goods and services.