Simulation is especially useful for situations too complex to be analyzed using analytical models.
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Q8: A simulation model is validated if it
Q9: Simulation models are fairly easy to use
Q10: Simulation enables a decision maker to experiment
Q11: One purpose of running experiments on a
Q12: When using a random number table, it
Q14: Computer simulation is a useful tool because
Q15: Random numbers can be generated in Excel
Q16: When dealing with relatively complex systems, computer
Q17: Managers can use simulation to obtain optimal
Q18: Computers can simulate years of operation in
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