A newly launched twenty-first century addition to production strategy which leverages lean manufacturing strategies, Six Sigma best practices, and real-time actionable intelligence from the factory floor is called:

Adaptive manufacturing

Explanation:

Adaptive Manufacturing is a joint project by Oliver van Herpt and Sander Wassink which began in 2014. An important part of their project was to highlight the production process.

Adaptive Manufacturing answers the question about how craftsman has been replaced by technological production thereby removing all traces of local and human influence.

There is the production process at the beginning of every product. When craftsmen were replaced by machines, there was loss in the translation of local influences into products.

Adaptive manufacturing is a 21st century addition to production strategy which uses six sigma,lean manufacturing strategies, and real-time actionable intelligence to enhance production.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.