Using a simulation model to gather a year of operating data in a few minutes is known as:
A) historical search data collection.
B) Monte Carlo optimization.
C) sub-optimization.
D) time compression.

Question

Quizplus · Accepted Answer

Time compression allows for a year's worth of operating data to be gathered in a few minutes through the use of a simulation model. Choices A, B, and C are unrelated and do not accurately describe this process.

Using a Simulation Model to Gather a Year of Operating