Which of the following is not a common application of a simulation?
A)Determining the flow of raw materials in a factory
B)Determining effective deployment of expensive resources
C)Customer arrivals at a service location
D)Processing time for a banking facility
E)Determining economic order quantity for inventory

Question

Quizplus · Accepted Answer

Determining economic order quantity for inventory is typically done using mathematical formulas and calculations, rather than simulation. The other options are all common applications of simulation.

Which of the Following Is Not a Common Application of a Simulation