One of the advantages of simulation is that
A) it is much less expensive than a mathematical solution
B) it always generates a more accurate solution than a mathematical solution
C) the policy changes may be tried out without disturbing the real-life system
D) model development is less time consuming than for mathematical models
E) model solutions are transferable to a wide variety of problems
Correct Answer:
Verified
Q31: Which of the following is not an
Q32: Which of the following is true regarding
Q33: Which of the following is true regarding
Q34: Which of the following is not an
Q34: Simulation can use any probability distribution that
Q35: Simulation is used for several reasons, including
A)
Q37: The seven steps in the use of
Q38: One of the disadvantages of simulation is
Q39: One of the advantages of simulation is
Q41: Which of the following is not a
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