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  2. Topic
    Statistics
  3. Study Set
    Operations and Supply Chain Management Study Set 4
  4. Exam
    Exam 19: Supplement Operational Decision-Making Tools: Simulation
  5. Question
    A Steady State Results When a Simulation Is Repeated Enough
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A Steady State Results When a Simulation Is Repeated Enough

Question 3

Question 3

True/False

A steady state results when a simulation is repeated enough times that the random variable being investigated reaches the expected value or average demand.

Correct Answer:

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