Examlex
In services, once the aggregate staffing level is determined, the focus is on short-term workforce and customer scheduling.
Framing Error
A cognitive bias where people make decisions based on the way information is presented rather than just the facts themselves.
Lack-of-participation Error
A mistake or oversight that occurs when not all relevant parties are involved in a decision-making process, leading to potential biases or incomplete information.
Escalation Error
Escalation Error refers to the phenomenon where individuals or groups continue to invest in a decision despite new evidence suggesting it may be wrong, often due to sunk costs or ego.
Decision-making Process
A series of steps undertaken by individuals or organizations to select the best course of action among several alternatives.
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