Examlex
In decision making,the maximizing strategy approximates the use of __________ whereas satisficing is more of a __________ approach.
an algorithm;heuristic
Work Flow
The sequence of industrial, administrative, or other processes through which a piece of work passes from initiation to completion.
Nonfinancial Measures
Metrics used to assess performance and operations that do not involve monetary transactions, such as customer satisfaction or employee turnover rates.
Inputs
Resources used in the production process, including raw materials, labor, and overhead costs.
Outputs
Outputs are the goods or services produced by a company or an economic system as a result of its inputs and processes.
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