In Order to Be Relevant to a Decision, Cost or Benefit

question 107

Multiple Choice

In order to be relevant to a decision, cost or benefit information must involve ________, rather than ________.

• A) a past event; a future event
• B) actual data; estimated data
• C) a future event; a past event
• D) a past event; a current event

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Definitions:

Deterministic

A characteristic of systems or processes that behave in a predictable manner, where the same input always results in the same output.

Repeatable

Capable of being done or occurring in the same manner multiple times, ensuring consistency and reliability in processes.

DeviceNet Network

A digital, multi-drop network that connects and serves as communication between industrial devices like sensors and actuators and higher-level devices such as PLCs.

Intelligence

The ability to acquire and apply knowledge and skills.