Which of the following statements is incorrect regarding the disadvantages of simulation?
A)Each simulation run only provides a sample of how the real system will operate.
B)The summary of the simulation data only provides estimates about the real system.
C)The process of developing a simulation model of a complex system can be time-consuming.
D)The larger the number of probabilistic inputs a system has, the less likely a simulation will provide the best approach for studying the system.

Question

Quizplus · Accepted Answer

This statement is incorrect as simulation is specifically designed to handle probabilistic inputs and models. In fact, simulation is the ideal way to study systems with large number of probabilistic inputs as it can handle the random variation in those inputs. Therefore, it is not a disadvantage of simulation.

Which of the Following Statements Is Incorrect Regarding the Disadvantages