Examlex
One major distinction between the CPS management component and the three process components is:
Complexity Of Reality
The notion that real-world situations are intricate due to interconnections and interdependencies among various elements and variables.
Simplifications
The process of making something easier to understand or do by reducing its complexity.
Trade-Offs
Decisions made that involve a sacrifice of one thing to obtain another, often used in discussions of economic and personal choices.
Opportunity Cost
This represents the value of the best alternative foregone when a decision to pursue a certain action is made.
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