
A simulation model:
A) describes operating characteristics with known equations.
B) replicates the service of customers and keeps track of characteristics such as the number in line, the waiting time, and the total time in the system.
C) prescribes what should be done in a situation.
D) finds the optimal solution to a problem without having to try each alternative.
Correct Answer:
Verified
Q7: A manager has been given the table
Q8: What are the differences between decision variables
Q9: Which one of the following relationships is
Q10: Which one of the following statements regarding
Q11: Simulation models are:
A) useful when waiting line
Q13: The manager of a branch bank wants
Q14: What is the difference between a waiting
Q15: Time compression is the feature of simulation
Q16: _ is the act of reproducing the
Q17: Monte Carlo simulation is the use of
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