Simulation is used for several reasons, including which of the following?
A) Model development is a fast process.
B) The models can usually be solved by hand.
C) The models are usually simple.
D) It can handle large and complex real-world problems.
E) It always generates optimal solutions.

Question

Quizplus · Accepted Answer

Simulation is particularly useful for handling large and complex real-world problems that are difficult to solve by other methods. It allows one to experiment with different scenarios, test hypotheses and observe the outcomes in a safe and cost-effective way. The other statements are incorrect because model development is not always fast, the models cannot always be solved by hand, and the models may not always be simple. In addition, simulation does not always generate optimal solutions, but rather provides a range of possible outcomes.

Simulation Is Used for Several Reasons, Including Which of the Following