Word: short-term
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...process is called "chunking," and that's why we can remember Social Security and telephone numbers. Large unbroken sets of numbers, such as driver's licenses, can be artificially divided into chunks for easier recall. "Clustering" is another effective technique. Seven, according to experts, is the magic number for short-term, or working, memory. That's roughly how many things we can consciously hold in the mind at one time. But we can trick it into holding more by inventing seven or so main categories and then grouping several things under each...
...wildest fantasies. Among other things, he noted, the fiscal achievement turned what government economists in the mid-1990s projected would be a $400 billion deficit in fiscal 1999 into a $120 billion surplus. At the same time, individual stock-market investors are behaving almost like professional venture capitalists, ignoring short-term profits--or the lack of them--in favor of long-term gains. "There's been a real strengthening of equity culture," he said...
Today there are about 150 commercial weather companies that provide services to business. Their offerings range from short-term forecasts tailored to a company's specific vulnerabilities to long-range predictions of how a company should prepare for the next season. The industry's growth is not closely tracked, but Jeff Wimmer, chairman of the Commercial Weather Services Association, a trade group, estimates that sales have quadrupled in the past decade. A few companies' client bases have exploded in that time...
...thought it would need. With weather affecting its average sales volume up to 15%, Duraflame couldn't afford to miss out on a cold snap. But unseasonably mild weather in one part of the country could mean inventory would sit useless for weeks. At the time, Duraflame executives made short-term decisions based on a daily USA Today weather map plastered to an office wall...
...Democratic candidates have both recognized this and come out against the flag, and the governor of the state is calling for a compromise to move it from the state house. Bush and McCain would be wise to follow their lead. Until they do, both will suffer nationally for a short-term political advantage in South Carolina. Bush is running as a "compassionate conservative" reaching out to minorities, but is unable to condemn a racist emblem. Meanwhile, McCain runs the risk that his carefully crafted image as the principled maverick of the Republican race will begin to look a little fake...