Which of the following is NOT true about simulation models?
A) Simulations can be used to analyze processes that cannot be evaluated well analytically.
B) A simulation model is used to get estimates; an analytical model provides detailed analysis.
C) Simulations can use actual probability rates for both demand and service rates.
D) Analytical and simulation models are often used in combination.

Question

Quizplus · Accepted Answer

Simulation models can provide detailed analysis, not just estimates, and are often used when analytical models are not feasible or too complex.

Which of the Following Is NOT True About Simulation Models