What does it mean to be open? A typology of inbound open innovation strategies and their dynamic capability requirementsOpen innovationinnovation strategydynamic capabilitiesThe benefits of inbound open innovation are widely acknowledged, but not all companies are successful in their attempts to leverage...
What does it mean if a behavior is reactive? Financial Planning A process of analyzing the current situation, preparing steps for reaching the set goals, selecting the best alternative, and implementing the plan for a desired financial position in the future is known as financial planning. Taking...
Reactive maintenancemeans that maintenance is only performed after an issue or breakdown arises. It does not involve planning or scheduling work ahead of time which keeps things simple and cheap in the short term. However, it doesn’t do much to avoid breakdowns and the lost productive time tha...
Reliability-focused culture: What does it mean? According to Wesner, there are three things you need to understand before you can wrap your head around reliability-focused culture: 1) Operators are the asset owners in a facility Many leaders believe that the maintenance team at their facility ow...
Reactive machine AI Limited memory AI Theory of mind AI Self-aware AI What is generative AI? Generative AI refers to an artificial intelligence system that can create new content (like text, images, audio or video) based on user prompts. Generative AI is the backbone of popular chatbots like...
Example:Of course it’s fine to wait until the last minute to write your paper. Everybody does it! 10Appeal to ignorance Anappeal to ignoranceis a claim that something must be true because it hasn’t been proven false. It can also be a claim that something must be false because it ha...
In simple terms, Vue is a JavaScript library that allows you to build user interfaces using different components. Each component can be reused in different parts of your application, making it easy to create complex and scalable user interfaces. Vue also uses a reactive data model, which means...
No, MTBF does not include the time taken to repair or maintain the asset. MTBF focuses solely on the time an asset operates before it experiences a failure. To account for repair time, MTTR (Mean Time to Repair) should be tracked separately. Combining MTBF with MTTR provides a more complet...
in this area means accepting that your perspective on anything (science, religion, favorite pizza topping) is limited and needs to be broadened. This does not mean denying gravity, your religious distinction or pepperoni. It simply means joining the global discussion with an open mind and the pr...
Learn how SAS does it Real-world applications of machine learning CNG Holdings uses machine learning to enhance fraud detection and prevention while ensuring a smooth customer experience. By focusing on identity verification from the outset, they transitioned from reactive to proactive fraud prevention....