Purchasing Computing Power from a Central Computing Service and Paying

question 79

Multiple Choice

Purchasing computing power from a central computing service and paying only for the amount of computing power used is commonly referred to as:

• A)grid computing.
• B)utility computing.
• C)client/server computing.
• D)autonomic computing.

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Definitions:

Target Cost

The maximum amount that can be spent on a product while still earning the required profit margin, based on market-driven pricing.

Desired Return

The target profit or return on investment that a company or investor aims to achieve.

Investment

Allocation of resources, typically money, in order to generate income or profit over time.

Selling Price

The amount of money a buyer pays to purchase a product or service from a seller.