Liastem, a company that manufactures machinery parts, required Computer Numerical Control (CNC) machines for production. The company bought old CNC machines and modified them to meet company requirements because it could not afford fully-automatic, new CNC machines. This scenario best illustrates the concept of _____.
A) maximizing
B) counterconditioning
C) overregularizing
D) satisficing

Question

Quizplus · Accepted Answer

The scenario best illustrates the concept of satisficing, which means choosing an option that is satisfactory or good enough, rather than pursuing an optimal solution. Liastem chose to modify old CNC machines instead of buying new fully-automatic ones because it could not afford them. This decision was a satisfactory solution for the company's production needs, even though it was not the optimal or ideal solution.

Liastem, a Company That Manufactures Machinery Parts, Required Computer Numerical