Simulation can use any probability distribution that the user defines; it does not require standard distributions.
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Q9: The advantage of simulation over queuing or
Q10: The four disadvantages of simulation are cost,
Q11: One of the major advantages of simulation
Q12: Simulation models are designed to generate optimal
Q13: Simulation is very flexible.Thus, its solutions and
Q15: One disadvantage of simulation is that it
Q16: A flow diagram is helpful in the
Q17: Simulation of a business or process is
Q18: If we are using a Monte Carlo
Q19: The Monte Carlo simulation is used with
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