hoose the best answer choice to identify the benefit(s) of simulation. a. Simulation can lead to greater comprehension of the behavior of a real-world system. b. Simuulation can permit compression of years of hit-or miss experimenting with a business process into just a few short moments of computer time. c. Simulaation can help us answer ‘what-if’ questions. d. Simulattion can allow us to explore the implications of uncertainty in processes. e. All of the above (i.e., a, b, c, and d are potential advantages of simulation.).
hoose the best answer choice to identify the benefit(s) of simulation. a. Simulation can lead to greater comprehension of the behavior of a real-world system. b. Simuulation can permit compression of years of hit-or miss experimenting with a business process into just a few short moments of computer time. c. Simulaation can help us answer ‘what-if’ questions. d. Simulattion can allow us to explore the implications of uncertainty in processes. e. All of the above (i.e., a, b, c, and d are potential advantages of simulation.).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Choose the best answer choice to identify the benefit(s) of simulation.
a. Simulation can lead to greater comprehension of the behavior of a real-world system.
b. Simuulation can permit compression of years of hit-or miss experimenting with a business process into just a few short moments of computer time.
c. Simulaation can help us answer ‘what-if’ questions.
d. Simulattion can allow us to explore the implications of uncertainty in processes.
e. All of the above (i.e., a, b, c, and d are potential advantages of simulation.).
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