Check Your Understanding: Run It in a Business

Answer from memory first, then check the key. Score one point per question. A score of 4 out of 5 passes. Below that, reread the lessons listed under the key.

Questions

• 1. How do you get a baseline for time?
• 2. What is the cost-of-one-run formula?
• 3. Name three things on the vendor checklist.
• 4. What goes in the run guide?
• 5. What is the keep, fix or stop rule?

Answer Key

• 1. Time ten real runs by hand and average them.
• 2. Input tokens times input price, plus output tokens times output price, plus tool calls.
• 3. Any three of: training use, retention, region, data processing agreement, subprocessors, access controls, incident notice.
• 4. What it does, access, limits, how to check, how to switch off, who is responsible, next review date.
• 5. Keep if at least a third of time is saved and errors are under your limit. Fix if errors are too high. Stop if review costs as much as it saves.

Where to Reread

• Measuring Time Saved and Quality
• Cost Control and Model Choice
• Cost Worked Example and Break-Even
• Security, Privacy and Client Data
• Your 30-Day Agent Rollout