Raj Is Working on Developing a Computer System to Imitate

question 125

Multiple Choice

Raj is working on developing a computer system to imitate human thought and behaviour.He is working in the area of

• A) artificial intelligence.
• B) systems for knowledge workers.
• C) management information system.
• D) decision support system.
• E) executive support system.

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Definitions:

Open Market

A system where buyers and sellers trade freely with minimal governmental restrictions, typically in reference to securities or commodities markets.

Split-off

A point in the production process where multiple products are generated from a common input.

Avoidable Cost

A cost that can be eliminated if a particular business decision is made.

Variable Production Cost

Costs that vary directly with the volume of production, including direct materials and direct labor, and sometimes variable portions of manufacturing overhead.