What BEST describes a simulation model with a limited number of variables, each with a finite number of values?
A) Monte Carlo simulation
B) discrete event simulation
C) continuous distribution simulation
D) system dynamics simulation

Question

Quizplus · Accepted Answer

Discrete event simulation models are characterized by a limited number of variables, each with a finite number of possible values. This type of simulation is used when the system being modeled can be broken down into distinct, discrete events, such as arrivals, departures, or processing times. Monte Carlo simulation and continuous distribution simulation, on the other hand, involve continuous variables and are not limited to a finite number of values. System dynamics simulation involves feedback loops and the interaction of multiple variables, which is not specified in the given description.

What BEST Describes a Simulation Model with a Limited Number