At the Massachusetts Institute of Technology Symposium on Information Theory

question 21

Multiple Choice

At the Massachusetts Institute of Technology Symposium on Information Theory, George Miller presented a paper suggesting that

• A) the human ability to process information is unlimited.
• B) there are limits to the human ability to process information.
• C) intelligent machines can be successfully created.
• D) memory consolidation is enhanced by REM sleep.

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Definitions:

Direct Labor

The cost of wages for those workers directly involved in the production of goods or services, not including support staff.

Overhead

General business expenses that are not directly attributable to a specific business activity, product, or service but are necessary for the business to operate.

Variable Manufacturing Costs

Costs that vary in direct proportion to changes in production volume, including costs such as raw materials and direct labor.

Operating Income

The profit realized from a business's operations after deducting operating expenses from gross profit.