Question 1
Which of the following are advantages to simulation?
II. | What-if questions are possible |
IV. | Trial and Error approach |
V. | Input must be user generated |
◦ I, III, V
◦ I, II, III
◦ II, III, IV, V
◦ I, II, IV, V
◦ I, II, V
Question 2
Which of the following is true regarding simulation?
◦ Real-world complications can be included in simulation models.
◦ Small problems can be done by hand.
◦ Simulation is most suitable where standard analytical models are too complex.
◦ Most simulations are computerized.
◦ All of the above are true.