Multiple Choice
Which of the following statements in regard to simulation is false?
A) Simulation allows managers to evaluate many aspects of the risk associated with a project.
B) Simulation typically involves results from thousands of runs in the computer.
C) Specifying the simulation model takes a small amount of time as the computer selects specific values from the distribution of each of the variables.
D) None of the given options.
Correct Answer:
Verified
Correct Answer:
Verified
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