|What is memory? |The persistence of learning over time through the storage and retrieval | | |of information. | |How many steps to the basic memory process are there? What are they? |3; encoding‚storage‚ retrieval | |What is encoding?
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1. Why is it important for a firm to periodically review its logistics network design? How do a firm’s requirements for its logistics network change over time? 為何公司週期性地檢視物流網路設計是重要的？公司該如何要求物流網路隨著時間改變？ The factors that affect the performance of the logistics network are not static‚ i.e.‚ they change over time. These factors include demand‚ product design‚ various costs in the logistics network‚ regulations‚ contracts‚ etc. The effects of these dynamics need to be evaluated periodically in order
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Principle: Scarcity is a heuristic‚ which is the mind ’s automatic‚ hard-wired set of habits. They are ancient and powerful and‚ for the most part‚ unrecognized. The scarcity heuristic is the brain saying‚ if something is rare‚ it much be good. The value heuristic says‚ if I really desire something‚ it must be scarce. These closely entwined heuristics reinforce each other in a kind of cycle‚ shaping all sorts of judgments and life decisions. Sometimes those heuristics are irrational traps‚ and other
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fees • • • • • • • Raw material availability Number and proximity of suppliers Transportation system Labor pool and cost Available technology Commercial travel Technical expertise Region • • • • • • • Labor (availability‚ cost and unions) Proximity of customers Number of customers Construction/leasing costs Land costs Modes and quality of transportation Transportation costs • • • • • • Government regulations Environmental regulations Raw material availability Commercial travel Climate Utilities
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The dynamic process of decision making covered in the movie‚ The Missiles of October (1974‚) was almost nail-biting. As I watched the movie‚ it was difficult for me to separate myself from the fact that I was a baby in 1962. As such‚ I was completely dependent on my parents for protection‚ but how aware were my parents that their safety rested in the hands of the President of the United States? His ability to make a decision concerning the future of millions of lives was put on the line. He would
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Effectively‚ Motivation‚ Creating Effective Cultures‚ Leveraging Networks‚ Leading Change Session 2 – Making Organizational Decisions Reading: Chapter 2 – Biases – From the book: Judgment in Managerial Decision Making Biases emanating from the availability
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operations‚ programming practices for practical purposes‚ are moving away from the data centric‚ procedural problem solving paradigm to a heuristic‚ declarative problem solving paradigm. Though theoretically there is no guarantee that a solution shall be found and even if it is found‚ that it be correct‚ practically it has been proven that expert systems employing ‚ heuristics are indeed a faster and more effective manner of problem solving ‚ with an added advantage of having an explanation for the answer
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economical to transport materials as and when required as in land constructions. So it is necessary to plan activities in a way that would minimize the number of cycles required for barges‚ which further are limited by their carrying capacity and availability. At the same time‚ the duration required for project completion gets increased if the number of barges used are reduced‚ which further may increase overhead costs and liquidated damages‚ if applicable. Also there are many other technical and
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Chapter 6: Analyzing Consumer Markets GENERAL CONCEPT QUESTIONS Multiple Choice 1. Marketers are always looking for emerging trends that suggest new marketing opportunities. One such trend is the “metrosexual.” Which of the following items would the metrosexual most likely have some interest for? a. An IBM computer. b. Tickets to WWF wrestling. c. Saxophone lessons. d. An all-over body spray by Axe. e. Cowboy boots made from elephant hide. Answer: d Page: 173 Level of difficulty: Medium
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CHAPTER 7 DECISION MAKING AND CREATIVITY Describe the six stages in the rational choice decision process Decision making: the conscious process of making choices among alternatives with the intention of moving toward some desired state of affairs. Rational choice paradigm of decision making: the view in decision making that people should and typically do‚ use logic and all available information to choose the alternative with the highest value. Decision making involves identifying‚ selecting and
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