Analytic Solver Platform (ASP) cannot guarantee an optimal solution to a simulation optimization model because
A)the optimization problem will have only one local optimal solution due to the linear relationship.
B)of sampling error resulting from nonlinear relationships.
C)it is not possible to compare solutions across runs.
D)of sampling error resulting from the presence of the random variables.

Question

Quizplus · Accepted Answer

The presence of random variables in simulation optimization models makes it impossible to guarantee an optimal solution, as there is always a degree of uncertainty or variability in the system. Sampling error resulting from the random variables can also impact the accuracy of solutions obtained. Therefore, D is the correct answer.

Analytic Solver Platform (ASP) Cannot Guarantee an Optimal Solution to a Simulation