In game theory, the Prisoner's Dilemma is a hypothetical scenario where two individuals are arrested and charged with a crime. The dilemma is in whether to stay silent or betray the other. In software development, such scenarios can be modelled to understand and predict decision-making behaviours in strategic interactions. This understanding can be used to improve the efficiency of algorithms or build more interactive applications.
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Muda, Mura, and Muri are Japanese terms that refer to the three categories of waste found in a business. Understanding each is key to implementing proper lean manufacturing processes.
Best-of-breed is defined as being best in its specific, relatively narrow niche. The included features in those platforms / applications are often very complex and tailored to their specific function. For instance, email marketing platforms, automated pricing software, billing/payment systems, etc.
Common Outsourcing Pain Points And How To Prevent Them
How to prioritize bugs? A simplified approach!
Pain points aren't evil, they are signs of a prospect to change management to future-proof your business.
Unit Testing is the best practice for software development projects. What happens if the MVP-based project also adopts Unit Testing technique? Can Unit Testing impact the GTM (Go-to-market)?
Is being biased recommendable when it comes to software development? Let's find out.
The fixed bid RFP model does have advantages and disadvantages. With certain products and services, it provides cost certainty, scope clarity, competitive bidding, and project accountability, it can also limit flexibility, pose estimation challenges, reduce collaboration, and hinder adaptability.
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