To Manage Its Inventories Efficiently, KC Mart, a Supermarket, Enters

question 9

Multiple Choice

To manage its inventories efficiently, KC Mart, a supermarket, enters into a five-year contract with Ziff Corp., an information technology firm. As per the contract, KC Mart has to pay $125,000 per year to Ziff Corp. in exchange for the information regarding consumer purchase behaviors. In the given scenario, the cost that KC Mart has to incur is the _____.

• A) processing cost
• B) acquisition cost
• C) retrieval cost
• D) storage cost

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Definitions:

Runnable Interface

In Java, the Runnable interface is meant to be implemented by any class whose instances are intended to be executed by a thread, defining a single method run().

Thread Class

A class in programming languages that represents a thread of execution in a program. It is used to create and manage threads.

Programming Statements

Instructions written in a programming language that are executed by the computer to perform specific tasks or calculations.

Thread's Task

The specific operation or set of operations assigned to a thread to execute in a multitasking environment.