Which of the following statements regarding simulation is TRUE?
A) Large-scale simulation models are virtually all handled by computer.
B) Simulation has numerous areas of application in operations.
C) Simulation attempts to duplicate a real system.
D) The process of simulation involves seven steps.
E) All of these are true.
Correct Answer:
Verified
Q1: State the three-fold idea behind simulation.
Q2: One effective use of simulation is to
Q5: _ is the attempt to duplicate the
Q6: Simulation has numerous applications in modern business,
Q9: Identify five applications of simulation.
Q10: Simulation models that are based on the
Q12: Simulation provides optimal solutions to problems.
Q15: Simulation allows managers to test the effects
Q18: The idea behind simulation is threefold: (1)
Q20: Identify the seven steps involved in using
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