Simulation models
A)require a higher setup cost to start and operate compared to decision tree tools.
B)require a lower setup cost to start and operate compared to decision tree tools.
C)require a higher setup cost to start but less to operate compared to decision tree tools.
D)require a lower setup cost to start but more to operate compared to decision tree tools.

Question

Quizplus · Accepted Answer

Simulation models typically involve complex systems and require significant resources for development and operation, making their setup and operational costs higher than simpler analytical tools like decision trees.

Simulation Models