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Difference between optimization and satisfice

optimization

Definitions

noun

  1. the act of rendering optimal

Examples

Blog optimization is both a one time event with the templates but is also an ongoing process involving keyword glossaries that help determine post level keyword usage, internal anchor text and off site anchor text.

The results of of this paper can be readily applied to performance and design optimization.

Software pipelining is a loop optimization technique used to exploit instruction level parallelism.

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satisfice

Definitions

verb

  1. decide on and pursue a course of action satisfying the minimum requirements to achieve a goal

Examples

When you satisfice, you don't let an impossible quest for the perfect option destroy your enjoyment of the merely OK.

As Simon pointed out, we usually ‘satisfice’ instead of optimizing difficult problems due to limited time and insight, settling for a solution that is good enough.

optimization requires processes that are more complex than those needed to merely satisfice

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