Simulation allows the user to specify certain desired results (e.g.,profit or service level values),and then the necessary model parameters and operating policies are determined.

Question

Quizplus · Accepted Answer

Simulation models typically require the user to specify model parameters and operating policies upfront, and then the simulation predicts the results (e.g., profit or service level values) based on those inputs, rather than determining the parameters or policies based on desired outcomes.

Simulation Allows the User to Specify Certain Desired Results (E