Multiple Choice
All of the following are reasons to be wary of using simulation except
A) probabilistic simulation results are approximate rather than optimal
B) can be costly and time consuming
C) requires expertise and training
D) can solve even simple problems, such as single server Poisson arrival and exponential service E) waiting line problems
Correct Answer:
Verified
Correct Answer:
Verified
Q34: Probabilistic simulation is suitable for problems that
Q35: Most practical applications of simulation can be
Q36: An analyst wants to simulate weekly demand
Q37: All of the following are advantages of
Q38: An analyst is simulating demand, which
Q40: Simulation is a particularly well-suited technique for
Q41: Important benefits of simulation include<br>A) handling of
Q42: In simulation, several alternatives are evaluated and
Q43: Using simulation, one can exhaust all possible
Q44: Comparing the results of a simulation model