Examlex
Find the maximum value of subject to the constraint
,
,
, and
.
Systematic errors
Errors that consistently occur in the same direction every time a measurement is made, affecting the accuracy of results across a dataset.
Heuristics
Cognitive shortcuts or rules of thumb that simplify decision making by reducing complex problem-solving to simpler judgment processes.
Ethical implications
The moral consequences or considerations arising from actions, decisions, or policies in personal, professional, or organizational contexts.
Decision entrapment
A situation where individuals continue to invest in a decision despite new evidence suggesting it may have been the wrong choice.
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