The primary difference between simulation models and other types of spreadsheet models is that simulation models contain ____:
A) deterministic inputs
B) random numbers
C) output cells
D) constraints

Question

The primary difference between simulation models and other types of spreadsheet models is that simulation models contain ____:
A) deterministic inputs 
B) random numbers 
C) output cells 
D) constraints

Quizplus · Accepted Answer

Simulation models incorporate random numbers to simulate uncertainty and variability in the input data or assumptions. Deterministic inputs assume a fixed value, whereas simulation model inputs can vary based on probability distributions. Output cells and constraints can also be present in simulation models, but the presence of random numbers is the primary distinguishing factor.

The Primary Difference Between Simulation Models and Other Types of Spreadsheet