Which of the Following Statements About Simulation Analysis Is Correct

Multiple Choice

Which of the following statements about simulation analysis is correct?

A) The method essentially combines aspects of the scenario and sensitivity analysis techniques.
B) An advantage of this approach is that once the results are complete, there is often a clear decision rule to follow.
C) It is costly and likely used as a last resort for the analysis of capital budgeting projects.
D) Powerful computers are making this technique ever more impractical.
E) The probability of occurrence for different cases is most likely very easy to assess.