satisfice
/ˈsatɪsfʌɪs
/verb [no object] formal
Decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.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.
Origin
Mid 16th century (in the sense 'satisfy'): alteration of satisfy, influenced by Latin satisfacere. The formal use dates from the 1950s.