______________ Systems Are Computerized Advisory Programs That Imitate the Reasoning

question 32

Short Answer

______________ systems are computerized advisory programs that imitate the reasoning processes of experts in solving difficult problems.

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Definitions:

Internal Rate

The rate of return that makes the net present value of all cash flows from a particular project equal to zero.

Payback Period

The length of time that it takes for a project to fully recover its initial cost out of the net cash inflows that it generates.

Investment

Allocation of capital or resources to assets with the expectation of generating profit or income.

Required Rate

The minimum acceptable return on an investment deemed necessary by an investor or business.