One of the advantages of simulation is that
A) it is much less expensive than a mathematical solution
B) it always generates a more accurate solution than a mathematical solution
C) it can study the interactive effects of individual components or variables
D) model development is less time consuming than for mathematical models
E) model solutions are transferable to a wide variety of problems

Question

Quizplus · Accepted Answer

Simulation allows for the study of how individual components or variables interact with each other, which can provide valuable insights that may not be easily captured through mathematical modeling. While simulation can be expensive and time-consuming to develop, it can offer a more comprehensive understanding of complex systems.

One of the Advantages of Simulation Is That