One disadvantage of simulation is that it does not allow for what-if types of questions.
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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
Q14: Simulation can use any probability distribution that
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
Q20: If, in a simple queuing or waiting
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