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The Fifth Step in Theory of Constraints Application, "Do Not

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The fifth step in Theory of Constraints application, "do not let inertia set in," means that the analyst should:


Definitions:

Optimal Choice

The most efficient or favorable option selected from a set of alternatives, based on criteria or preferences.

Payoff

The return or reward received from an investment or action.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal given the strategies of all other players, leading to a situation where no player can benefit by changing strategies unilaterally.

Dominant Strategy

A strategy in game theory that yields the best outcome for a player, regardless of what strategies other players choose.

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