Which of the following are advantages of computer simulation over analytical methods like PERT/CPM for predicting the probability that a project will complete by a deadline?
I. It does not need to make as many simplifying assumptions.
II. It is more flexible about which probability distributions can be used.
III. It provides a solution more quickly.
A) I only
B) II only
C) III only
D) I, II, and III
E) I and II only

Question

Quizplus · Accepted Answer

Computer simulation does not need to make as many simplifying assumptions as analytical methods and allows for more flexibility in probability distributions. However, it may take longer to provide a solution. Therefore, statement I and II are advantages of computer simulation over analytical methods like PERT/CPM but statement III is not accurate.

Which of the Following Are Advantages of Computer Simulation Over