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Explain the Difference Between an Optimization and Satisficing Model

question 50

Essay

Explain the difference between an optimization and satisficing model.


Definitions:

Algorithms

Step-by-step problem-solving procedures or rules for calculations, data processing, and automated reasoning tasks.

Clearly Defined

To be specified or described in precise or exact terms.

Mental Set

A psychological tendency to approach situations in a certain way based on previous experiences and perceptions.

Functional Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used.

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