A simulation model extends spreadsheet modeling by
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A simulation model extends spreadsheet modeling by
O extending the range of parameters for which solutions are computed.
O using real-time values for parameters from the application to formulate
solutions.
O using historical data to make predictions about future values and expected
trends.
O replacing the use of single values for parameters with a range of possible values.
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