Examlex
What programming languages are used to create artificial intelligence or expert system applications?
Outside Supplier
A third-party company or entity that provides goods or services to another company, often used in the context of manufacturing and supply chains.
Opportunity Cost
The cost associated with not choosing the next best alternative when making a decision, representing the benefits one could have received by taking an alternative action.
Alternative Use
The value or potential benefit that is foregone as a result of using an asset or resource in a particular way instead of another possible way.
Sunk Costs
are past expenses that have already been incurred and cannot be recovered or changed, and thus should not affect future business decisions.
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