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Along with variable costs, fixed costs make up one of the two components of total cost: total cost is equal to fixed costs plus variable costs. In accounting and economics, fixed costs, also known as indirect costs or overhead costs, are business expenses that are not dependent on the level of goods or services produced by the business. They ...
A cloze test (also cloze deletion test or occlusion test) is an exercise, test, or assessment in which a portion of text is masked and the participant is asked to fill in the masked portion of text. Cloze tests require the ability to understand the context and vocabulary in order to identify the correct language or part of speech that belongs ...
Natural language processing (NLP) is an interdisciplinary subfield of computer science and artificial intelligence.It is primarily concerned with providing computers with the ability to process data encoded in natural language and is thus closely related to information retrieval, knowledge representation and computational linguistics, a subfield of linguistics.
Personal free writing is the practice of writing what one is thinking without considering organization or grammatical errors. In a study done by Fred McKinney, free writing was defined as letting one’s thoughts and words flow onto paper without hesitation. [21] This can be done in the format of letters or even a personal notebook.
A fixed-price contract is a type of contract for the supply of goods or services, such that the agreed payment amount will not subsequently be adjusted to reflect the resources used, costs incurred or time expended by the contractor. This contract type may be contrasted with a cost-plus contract, which is intended to cover the costs incurred by ...
Prompt engineering is the process of structuring an instruction that can be interpreted and understood by a generative AI model. [1] [2] A prompt is natural language text describing the task that an AI should perform: [3] a prompt for a text-to-text language model can be a query such as "what is Fermat's little theorem?", [4] a command such as "write a poem about leaves falling", [5] or a ...
ChatGPT is a language model -based chatbot developed by OpenAI and launched on November 30, 2022. It can generate human-like conversational responses and enables users to refine and steer a conversation towards a desired length, format, style, level of detail, and language. [2] Successive user prompts and replies are considered at each ...
For example, if the price is $10 and the unit variable cost is $2, then the unit contribution margin is $8, and the contribution margin ratio is $8/$10 = 80%. Profit and Loss as Contribution minus Fixed Costs. Contribution margin can be thought of as the fraction of sales that contributes to the offset of fixed costs.