When dealing with relatively complex systems, computer simulation is an inexpensive option for decision makers.
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Q11: One purpose of running experiments on a
Q12: When using a random number table, it
Q13: Simulation is especially useful for situations too
Q14: Computer simulation is a useful tool because
Q15: Random numbers can be generated in Excel
Q17: Managers can use simulation to obtain optimal
Q18: Computers can simulate years of operation in
Q19: Computer simulation is only applicable to situations
Q20: Analytical methods are preferable to simulation if
Q21: Given this frequency distribution, the random
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