Simple not Simplistic

Many people prefer to use the above mentioned adjectives synonymously.

For example, its very common to notice people saying the following sentence:
Whats the most simplistic way of getting this done?
But it is not correct to do so. Simplistic means to treat problems in a much simpler way than
they actually were. It as an adjective was derived from the word simplism (simple + ism)
(which means a tendency to over simplify a given issue by ignoring the complexities and
complications). This happens when we dont invest much time to analyse the problems from
different angles and hence end up being wrong.
We cannot use simplistic to replace simple. We should not mind when we have simple
answers to complex problems, but we would like to criticize someone who has oversimplified
the issue.
I have personally been criticized once during my tenure at Snapdeal for giving a solution
without actually analysing the problem carefully. I thought that the solution was very simple
(now I realise that I gave simplistic solution and not a simple solution to the problem). I
missed considering key data points which were very important for the analysis which
eventually affected the final outcome. This made me realise the importance of taking time
and not oversimplifying things when problems are complex.