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777 articles found
Logistics
The Economic Order Quantity (EOQ), presented by Ford W. Harris in 1913, is the order size that minimizes the sum of fixed ordering costs and inventory holding costs when demand is
Psychology
The peak-end rule is our tendency to judge a past experience mainly by its most intense moment and its final moment, rather than by its total or average. This article covers the cl
General knowledge
Cats are independent and charming animals loved by many people. To gain a deeper understanding of their behavior and characteristics, we need to examine their physiological traits,
Business administration
To develop a company's marketing or business strategy, both the internal and external environments must be considered and analyzed. This article focuses on a company's external env
Robotics
How does a robot with no map work out both its surroundings and its own position? This piece explains SLAM: the chicken-and-egg problem behind it, its roots in the 1986 IEEE roboti
Psychology
The IKEA effect is the cognitive bias that leads people to value things they made or assembled themselves far more than they are actually worth. This article covers how the effect
Information technology
Deepfake technology is a video and audio synthesis technology born out of advances in artificial intelligence (AI) and machine learning, producing results so sophisticated that the
Information technology
Network technology is at the heart of modern society's information and communications infrastructure and has become an indispensable part of the business environment. In a rapidly
Information technology
A Heisenbug is a software bug that disappears or changes its behavior when you try to investigate it. This article covers where the name came from, why such bugs hide, related bug
Education
Transfer of learning is the way earlier knowledge or skills affect learning and problem solving in new situations. This piece covers the concept and its origins, the main types of
Economics
A Pigouvian tax charges an activity that harms others a tax equal to that harm, so market prices reflect the true social cost. Learn about externalities, how the tax corrects the m
Social welfare
Unemployment benefits are an important social safety net that provides financial stability when workers unexpectedly lose their jobs. Provided as part of the employment insurance s
