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Discuss the Components, Hardware and Software of a Computer-Integrated Manufacturing

question 27

Essay

Discuss the components, hardware and software of a Computer-Integrated Manufacturing System (CIMS).


Definitions:

Exercise Price

The rate at which an option contract's holder has the right to purchase (for a call option) or dispose of (for a put option) the fundamental asset.

Strike Price

The predetermined price at which a call option can be purchased or a put option can be sold upon exercise.

Debt

Money that is owed or due to be paid to someone else, typically as loans or bonds.

Time Value

The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

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