Which of the following statements is true regarding the advantages of using simulations? a. Its methodology can be used to model and learn about the behavior of complex systems. b. Simulations do not guarantee an optimal solution. c. Simulation models can be used to describe systems without requiring the assumptions often required by mathematical models. d. All of these are correct.
Which of the following statements is true regarding the advantages of using simulations? a. Its methodology can be used to model and learn about the behavior of complex systems. b. Simulations do not guarantee an optimal solution. c. Simulation models can be used to describe systems without requiring the assumptions often required by mathematical models. d. All of these are correct.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter10: Introduction To Simulation Modeling
Section: Chapter Questions
Problem 50P: Big Hit Video must determine how many copies of a new video to purchase. Assume that the companys...
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Question
Which of the following statements is true regarding the advantages of using simulations?
a. |
Its methodology can be used to model and learn about the behavior of complex systems.
|
|
b. |
Simulations do not guarantee an optimal solution.
|
|
c. |
Simulation models can be used to describe systems without requiring the assumptions often required by mathematical models.
|
|
d. |
All of these are correct.
|
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