Simulation models can be broken down into which of the following three categories?
A)Monte Carlo,queuing,and inventory
B)queuing,inventory,and maintenance policy
C)Monte Carlo,operational gaming,systems simulation
D)inventory,systems simulation,and operational gaming
E)None of the above

Question

Quizplus · Accepted Answer

Simulation models can be categorized into Monte Carlo (which involves simulating random variables), operational gaming (which involves simulating decisions made by human operators), and systems simulation (which involves simulating the behavior of complex systems). Queuing, inventory, and maintenance policy are specific types of simulations that can be used within these categories.

Simulation Models Can Be Broken Down into Which of the Following