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Business administration

A Market That Eats Itself: Cannibalization

Why does cannibalization, where a new product eats into an existing product's sales, happen? This article explains what it is and why it occurs, the cases of Apple, Kodak, and Netf

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Logistics

A Buffer Against Stockouts: Safety Stock

Why do warehouses hold more inventory than they expect to sell? This article explains what safety stock is and how it relates to the reorder point, how to calculate it from the ser

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Business administration

Small Fixes Add Up to a Big Difference: Kaizen

Kaizen is a management approach in which everyone on the front line keeps making small improvements instead of one grand change. This article covers what the word means and where i

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Robotics

Reaching Out a Hand from Afar: Teleoperation

Teleoperation lets a person control a distant machine directly, sending their hands and eyes where people cannot safely go. This article covers its origins in 1940s–50s nuclear lab

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Psychology

One Good Trait Makes Everything Shine: The Halo Effect

The halo effect is a bias in judgment in which the impression from one standout trait spills over into how we rate other, unrelated traits. This piece covers the research that firs

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Information technology

The Chip That Keeps Doubling: Moore’s Law

Why have computers kept getting smaller, faster, and cheaper for more than half a century? This article explains Moore’s Law: how it began, what it really means, how it changed the