Describe How Fuzzy Logic Works.Provide an Example to Illustrate

question 93

Essay

Describe how fuzzy logic works.Provide an example to illustrate.

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Definitions:

Costs and Expenses

The consumption of resources or services in the production of goods or in providing services, resulting in financial outlay.

Income

Revenue earned by a business or individual, resulting from their activities or investments.

Variable Costing

An accounting method that only allocates variable costs to product costs, excluding fixed factory overhead.

Direct Costing

A pricing strategy that only accounts for direct costs in the production of goods, excluding fixed overhead expenses.