Examlex
Consider the transportation problem and its initial solution in the table below. What is the improvement index for the empty cell Source 1 - Destination 3?
Explicit
Something stated clearly and in detail, leaving no room for confusion or interpretation.
Tacit Knowledge
Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience and context.
Escalation of Commitment
The tendency to continue investing in a project or decision despite evidence of its failing prospects, often due to psychological commitment.
Overconfidence
The state of being excessively confident, often leading to underestimating risks, challenges, or the abilities of others.
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