Which of the following are advantages of simulation? I. time compression
II. "what-if?" questions are possible
III. flexibility
IV. repetitive approach
V. input must be user generated
A) I, III, V
B) I, II, V
C) II, III, IV, V
D) I, II, IV, V
E) I, II, III

Question

Quizplus · Accepted Answer

Simulation offers several advantages, including time compression (allowing processes to be simulated over a short period that would naturally take much longer), the ability to ask "what-if?" questions (enabling exploration of different scenarios and their outcomes), and flexibility (allowing for the simulation of a wide range of conditions and variables). The requirement that input must be user-generated is not necessarily an advantage; it's a characteristic of how simulations are set up. The repetitive approach is a feature of some simulations, especially in optimization or finding statistical significance, but it's not universally considered an advantage in the context of the question, which focuses on broader benefits of simulation.

Which of the Following Are Advantages of Simulation? I