Which of the following is TRUE regarding the use of simulation?
A) It is always very easy to build a simulation model.
B) It may interfere with real-world systems.
C) It always yields optimal solutions.
D) It allows time-compression in testing major policy decisions.
E) Few constraints, if any, have to be considered.

Question

Quizplus · Accepted Answer

Simulation allows decision-makers to test major policy decisions in a compressed amount of time, allowing for faster, more informed decision-making. However, building a simulation model can be complex and may require considering constraints, such as resource limitations or data availability. Simulation does not always yield optimal solutions and may interfere with real-world systems if not properly designed and implemented.

Which of the Following Is TRUE Regarding the Use of Simulation