Examlex
Name at least two standard code sets.
Decision Tables
A tool used in both computer programming and business decision-making that represents the logic of decision making through a matrix of conditions and the actions to be taken.
Conditional Value
A numerical value assigned to an outcome in a decision-making process, dependent on specific conditions being met.
Optimistic Decision
A decision-making approach that involves choosing the option with the most favorable possible outcome under uncertain conditions, assuming the best-case scenario.
Analytical Decision Making
A process that utilizes data, quantitative analysis, and logical reasoning to make decisions that aim to solve specific problems or achieve desired outcomes.
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