Business Technology & Information Systems Concepts

Artificial Intelligence (AI) Fundamentals

AI involves simulating human intelligence processes in machines, such as learning, reasoning, and self-correction. AI has various applications, including expert systems, speech recognition, and machine vision. There are two types of AI: Weak AI, designed for specific tasks (e.g., virtual personal assistants like Siri), and Strong AI, possessing human-level intelligence capable of solving unfamiliar problems (e.g., autonomous cars).

Business Intelligence (BI)

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Key Concepts in Artificial Intelligence: Systems & Algorithms

Understanding AI Production Systems

A Production System is a model of computation used in Artificial Intelligence (AI) that consists of a set of rules (productions), a working memory, and a control system. Each rule has a condition (the “if” part) and an action (the “then” part). When the condition is satisfied, the corresponding action is executed.

Characteristics of Production Systems

  • Modularity: Knowledge is stored in the form of independent rules.
  • Separation of Knowledge and Control: Rules (knowledge)
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Cellular Network Optimization: Handoffs, Capacity, 4G & 5G

Handoff Strategies in Cellular Networks

Handoff strategies are essential in cellular networks to maintain call quality when a mobile device moves from one cell to another. The Mobile Switching Center (MSC) facilitates the seamless transfer of calls, ensuring minimal disruption to users.

Handoff Prioritization

Handoffs are given priority over new call requests. This is crucial for maintaining ongoing conversations without interruption. Ensuring successful and infrequent handoffs are important for user

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Financial Management: Accounts Receivable & Inventory Control

Accounts Receivable Management

Accounts receivable refers to the money owed to a company by its customers for goods or services delivered. These are typically documented through invoices. This financial area provides the scope for credit-based operations.

Establishing a Billing Policy

  • The company should send invoices and statements of accounts to customers the day after the period ends.
  • Sales with large amounts should be billed immediately.
  • Billing should be sent when processing the order, not delayed.
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Data Reduction Techniques for Data Mining & ML

Understanding Data Reduction in Data Mining & Machine Learning

Data reduction is a crucial technique in data mining, designed to decrease the size of a dataset while preserving its most important information. This process is highly beneficial when datasets are too large for efficient processing or contain significant amounts of irrelevant or redundant data.

Key Data Reduction Techniques

Several distinct data reduction techniques are employed in data mining:

  1. Data Sampling: This technique involves
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Essential Business and Technology Concepts Defined

Service Level Agreement (SLA)

Is a formal contract between

Adhocracy

Task force organization that

Agency Theory

The firm is viewed as a “nexus

Android

Is an open source operating

Apps

Small pieces of software that

Autonomic Computing

Is an industry-wide effort to develop

Benchmarking

Involves comparing the efficiency

Best Practices

Are usually identified by consulting

Blade Servers

Computers consisting of a circuit board

Business Ecosystem

Is another term for these loosely

BYOD

Is one aspect of the consumerization of

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