The Growth of Cloud-Computing and Proliferation of Computers with Webcams

question 144

True/False

The growth of cloud-computing and proliferation of computers with webcams and high-speed Internet has made it feasible to offer automated facial coding on a wider basis.

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Definitions:

Fixed Order Cost

Represents the constant expenses associated with placing an order for goods or materials, regardless of the order size.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Cycle Inventory

The portion of inventory available to meet normal demand during a given period without restocking.

Increase Cost

The rise in expenses associated with the production, acquisition, or maintenance of goods and services.