Why do analysts use heuristics to obtain an optimal solution?
What will be an ideal response?
The practical reason for using heuristics is that a manager might be satisfied with a solution that is good but not necessarily optimal, particularly when:
• Inexact or limited data used to estimate uncontrollable quantities in models may contain more error than that of a nonoptimal solution.
• The assumptions used in a model make it an inaccurate representation of the real problem, making having the "best" solution pointless.
• Anything better than the current solution will suffice, so long as it can be obtained at a reasonable cost and in a reasonable amount of time.
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