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Gary is assigned to write a history paper. Instead of writing it all in one sitting, he breaks the assignment up into a series of separate tasks that include choosing a topic, doing the research, preparing an outline, writing the first draft, editing, etc. His strategy is best described as ________.
Temporal Aggregation
The process of combining or summarizing time-series data over longer time periods to simplify analysis, reduce variability, and identify trends.
Economies of Scale
Cost advantages that enterprises obtain due to scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out.
Responsiveness
The ability of a company or system to quickly and effectively respond to customer needs, changes in the market, or operational challenges.
Transportation Costs
Expenses associated with the movement of goods or materials from one location to another, including shipping, freight, and logistics costs.
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