Month: October 2023
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Critical Mass
Originating from nuclear physics, “Critical Mass” represents key thresholds across disciplines, encompassing economic viability, societal trends, and biological sustainability, signifying transformative junctures.
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Just-in-Time
Originating in Japan, the Just-in-Time (JIT) methodology emphasizes the timely delivery of goods and services. By aligning production with real-time demand and advocating for minimal inventory, JIT promotes efficiency across various sectors.
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Lindy Effect
Originating from patterns noted at Lindy’s restaurant in New York, the Lindy Effect theorizes that the future lifespan of enduring entities, such as ideas, correlates with their current age. This concept offers a perspective on understanding persistence across various domains, from literature to technology.
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Principle of Least Action
In physics, the Principle of Least Action serves as a unifying framework that dictates a system’s dynamics through the minimization or stabilization of a specific integral, known as action. This principle offers valuable insights across various fields within physics.