Multiple Choice
An advantage of simulation as opposed to optimization is that
A) Several options of measure of performance can be examined
B) Complex real-life problems can be studied
C) It is applicable in cases where there is an element of randomness in a system
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q21: A problem is classified as Markov chain
Q22: Which of the cost estimates & performance
Q23: Analytical results are taken into consideration before
Q24: The important step required for simulation approach
Q25: Which of the following is not one
Q26: A calling population is considered to be
Q27: In the long run, the state probabilities
Q28: Probabilities of occurrence of any state are<br>A)
Q30: Large complicated simulation models are appreciated because<br>A)
Q31: In Markov analysis, state probabilities must<br>A) Sum