Solved

Suppose You Run a Simulation Model Several Times with Different

Question 28

Multiple Choice

Suppose you run a simulation model several times with different order quantities.What can we infer about the quantity that maximizes the output,the company's profit?


A) This quantity is the optimal order quantity.
B) This quantity might be the optimal order quantity,but we also need to consider the company's attitude toward risk.
C) This is not necessarily the optimal order quantity,because it may have produced the largest profit by luck.
D) We cannot infer anything about the quantity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions