The first step in simulation modeling is to
A) gather data
B) develop the model
C) define the problem and set objectives
D) validate the model to make sure that it can be used for the problem
Correct Answer:
Verified
Q30: Two properties of random number tables are
A)
Q31: Important benefits of simulation include
A) handling of
Q32: If you are interested in predicting
Q33: Aspects of validation include
A) test of reasonableness
B)
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Q36: The second step in simulation modeling is
Q37: The number of runs needed to estimate
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Q40: All of the following are reasons to
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