By "Fail Fast

question 87

Multiple Choice

By "fail fast ...but not too fast," entrepreneur Kurt Theobald referred to which of the following?

• A)learning from failures but not giving up too soon
• B)learning from failures but pacing out the failures
• C) fail early in the game, then lower your rate of failure
• D)learn from failures but don't fail too many times

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Definitions:

Average Flow Time

The average time that it takes for a task, workpiece, or process to be completed in a system.

Cycle Inventory

The portion of inventory available to meet normal demand during an ordering cycle.

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price.

Cycle Inventory

The average amount of inventory kept on hand to meet normal demand between the receipt of inventory deliveries.