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According to the text,what was a function of the assembly line?
Opportunity Loss Strategy
An approach in decision making that focuses on minimizing the potential loss for not choosing the best alternative.
Scoring Model
A statistical tool or algorithm that assesses and assigns scores to individuals or entities based on various attributes or behavior patterns to predict future outcomes.
Attributes
Characteristics or qualities that define or differentiate objects, individuals, or data points.
Discount Rate
The interest rate used to discount future cash flows to their present value, often used as a tool in investment and financial analysis.
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