Managers can use simulation to obtain optimal answers for a wide range of problems.

Name: Managers can use simulation to obtain optimal answers for a wide range of problems.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Simulation is a powerful tool for analysis and decision-making, but it does not necessarily provide optimal answers. Instead, it allows managers to explore different scenarios and understand potential outcomes, helping in making informed decisions rather than directly offering optimal solutions.

Managers Can Use Simulation to Obtain Optimal Answers for a Wide