Common Features of Simulations--Generating Values from Probability Distributions, Maintaining Records
Multiple Choice
Common features of simulations--generating values from probability distributions, maintaining records, recording data and summarizing results--led to the development of
A) Excel and Lotus.
B) BASIC, FORTRAN, PASCAL, and C.
C) GPSS, SIMSCRIPT, SLAM, and Arena
D) LINDO and The Management Scientist
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A quantity that is difficult to measure
Q7: One disadvantage of simulation is that it
Q18: A graphical tool that helps describe the
Q30: The degree of risk is associated with
Q41: The parameters of a simulation model are
Q43: As the owner of a rent-a-car agency
Q44: Simulation models that must take into account
Q44: Values for the probabilistic inputs to a
Q46: For any waiting line system, (Average number
Q49: A simulation model uses the mathematical expressions