Which of the following statements is true regarding a simulation model?
A) It explicitly models decision-making under uncertainty
B) It explicitly incorporates uncertainty in one or more input variables
C) It provides probability distributions for all outputs,rather than expected values
D) All of these options

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true regarding a simulation model?
A) It explicitly models decision-making under uncertainty
B) It explicitly incorporates uncertainty in one or more input variables
C) It provides probability distributions for all outputs,rather than expected values
D) All of these options

Which of the Following Statements Is True Regarding a Simulation