Which of the following would not be a probable reason for choosing simulation as a decision-making tool?
A) The situation is too complex for a mathematical model.
B) There is a limited time in which to obtain results.
C) Good results have been obtained in the past using simulation.
D) Users are able to understand the model.
E) All of these are probable reasons for choosing simulation.
Correct Answer:
Verified
Q26: Given this frequency distribution, the random
Q27: A Data Table can be used to
Q28: If a simulation begins with the
Q29: Given this frequency distribution, the random
Q30: With the speed of computers, it is
Q32: The main procedure for advancing the time
Q33: One key advantage of computer simulation is
Q34: A simulation model is often formulated in
Q35: If a simulation begins with the
Q36: A larger confidence interval is desirable for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents