SATISFICE
satisfice, satisfise
(verb) decide on and pursue a course of action satisfying the minimum requirements to achieve a goal; “optimization requires processes that are more complex than those needed to merely satisfice”
Source: WordNet® 3.1
Etymology 1
Verb
satisfice (third-person singular simple present satisfices, present participle satisficing, simple past and past participle satisficed)
(obsolete, transitive) To satisfy.
Etymology 2
Verb
satisfice (third-person singular simple present satisfices, present participle satisficing, simple past and past participle satisficed)
(sociology, intransitive) Of human behavior: to make a choice that suffices to fulfill the minimum requirements to achieve an objective, without special regard for utility maximization or optimization of one's preferences.
Source: Wiktionary