Which of the following are advantages of computer simulation over analytical methods like PERT/CPM for predicting the probability that a project will complete by a deadline?
A)It does not need to make as many simplifying assumptions
B)It is more flexible about which probability distributions can be used
C)It provides a solution more quickly
D)All of the above
E)a and b only

Question

Which of the following are advantages of computer simulation over analytical methods like PERT/CPM for predicting the probability that a project will complete by a deadline?
A)It does not need to make as many simplifying assumptions 
B)It is more flexible about which probability distributions can be used 
C)It provides a solution more quickly 
D)All of the above 
E)a and b only

Quizplus · Accepted Answer

Computer simulation is advantageous over analytical methods like PERT/CPM because it does not need to make as many simplifying assumptions (such as assuming that activities are independent and have fixed durations) and it is more flexible about which probability distributions can be used. However, it may take longer to provide a solution than analytical methods. Therefore, options A and B are correct, but option C is incorrect. The correct answer choice given these options is E.

Which of the Following Are Advantages of Computer Simulation Over