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Logistics

Not All Inventory Is Equal: ABC Analysis

ABC analysis divides inventory into three classes, A, B, and C, by annual usage value and manages each class with a different level of care. Learn how it emerged from Pareto and Ju

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Journalism & communication

News Staged for the Camera: The Pseudo-Event

A pseudo-event is an event planned and staged so that it will be reported and widely publicized, rather than one that happens on its own. This article covers the concept introduced

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General knowledge

The Brain’s Limit on Relationships: Dunbar’s Number

Why can contact lists grow while deep ties stay few? Dunbar’s Number says humans can sustainably keep only so many stable relationships—often about 150—layered as roughly 5, 15, 50

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General knowledge

When the Number Becomes the Goal: Goodhart's Law

Why does a measure stop being a good measure once it becomes a target? This article explains the origin and logic of Goodhart's law, examples such as the cobra effect, and how to u

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Physics

The Secret Behind Curving Balls: The Magnus Effect

Why does a free kick bend and a curveball drop? This article covers Newton's tennis ball, Magnus's cylinder experiment, the pressure difference created by spin, its uses in sports

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Tourism studies

A Shop That Sells Without Taxes: The Duty-Free Shop

A duty-free shop sells goods to travelers leaving the country without customs duties or value-added tax. This article covers how duty-free shops began, why they can drop taxes, the

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Design

We Remember Only About Seven Things: Miller's Law

Miller's Law, drawn from psychologist George A. Miller's 1956 paper “The Magical Number Seven, Plus or Minus Two,” describes the limited amount of information people can hold at on

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Library & information science

Books Are for Use: The Five Laws of Library Science

The Five Laws of Library Science are five short principles, published by the Indian mathematician and librarian S. R. Ranganathan in 1931, that sum up whom and what a library exist