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Give at least two examples of how analytics are impacting facility's operational systems.
Renewable Resources
Natural resources that can be replenished naturally over time, such as solar energy, wind, and biomass.
Nonrenewable Resources
Natural resources that cannot be replenished at the same rate at which they are consumed.
Incentive Structures
Frameworks within an organization or economy designed to motivate and encourage specific behaviors and outcomes among participants.
Extraction Costs Curve
A graphical representation that shows how the cost of extracting a resource varies with the quantity extracted.
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