Well After You Have Started Trying to Make a Decision

question 51

Multiple Choice

Well after you have started trying to make a decision, new information comes to light that implies that the drug may be able to be synthesized much more cheaply than was previously thought.
-The group decides to continue the project so that all the resources already spent on it will not have been wasted. In this case the group has done which of the following?

• A) made an escalation of commitment
• B) used the anchoring bias
• C) used the availability bias
• D) made the ultimate attribution error
• E) satisficed

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Definitions:

Doohickey

A non-technical nomenclature for a small, often unspecified or unnamed object or gadget.

Design Library

A collection or repository of design resources, standards, components, or templates that can be utilized in the creation of new designs or products.

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Drilling machines with high output power, designed for heavy-duty tasks and capable of penetrating hard materials.

FR(%)

Failure Rate (Percent), a measure often used in reliability engineering to indicate the likelihood of failure per unit of time.