Describe at Least Three of the Cognitive Biases That Individual

question 27

Essay

Describe at least three of the cognitive biases that individual decision makers experience.Then describe a real or hypothetical situation for each of the three biases, explaining how the bias is evident in the situation.

---

Definitions:

Sequencing

The order in which the steps need to occur to produce a product.

Routing

The process of selecting paths in a network along which to send network traffic.

Dispatching

The process of sending out goods or deploying resources to a particular destination or for a specific task.

Forward Scheduling

A planning method where tasks are scheduled from the present date forward into the future, aiming to meet deadlines by determining the earliest possible start times.