
Real-Time Decision Making
Real-Time Decision Making refers to the process of making choices or taking actions instantly, based on the latest information available. It often involves analyzing data quickly to respond to changing circumstances, such as in business, emergency responses, or even everyday situations. For example, a company adapting its marketing strategy based on current customer trends or a driver adjusting their route in response to traffic conditions. This approach helps individuals and organizations be more agile and effective, allowing them to capitalize on opportunities or mitigate risks as they arise.