The effectiveness of a feedback loop in a system can be measured by observing the changes in the stock as a result of the feedback loop. If the feedback loop is effective, it should cause significant changes in the stock, either increasing or decreasing it depending on the nature of the feedback. For example, in a bank account, if the feedback loop of earning interest is effective, it should result in a noticeable increase in the amount of money in the account over time.
How do you avoid wasted time, money, and resources from short-sighted decisions? When you think in s...
View summary