This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A simulation model extends spreadsheet modeling by a. extending the range of parameters for which ... (Read 108 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 24, 2018
A simulation model extends spreadsheet modeling by
 a. extending the range of parameters for which solutions are computed.
  b. using real-time values for parameters from the application to formulate solutions.
  c. replacing the use of single values for parameters with a range of possible values.
  d. using historical data to make predictions about future values and expected trends.

Question 2

A ___________ uses repeated random sampling to represent uncertainty in a model representing a real system and that computes the values of model outputs.
 a. Monte Carlo simulation
  b. what-if analysis
  c. deterministic model
  d. discrete event simulation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

c
RATIONALE: A simulation model extends spreadsheet modeling by replacing the use of single values for parameters with a range of possible values.

Answer to Question 2

a
RATIONALE: A Monte Carlo simulation uses repeated random sampling to represent uncertainty in a model representing a real system and that computes the values of model outputs.


magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
:D TYSM

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Male reproductive anatomy model Male reproductive anatomy model
Eye Model Eye Model
Axon terminal model Axon terminal model
Bronchi Model Bronchi Model
Multiple-dose drug administration: drug A and drug B are administered every 12 hours; drug B reaches Multiple-dose drug administration: drug A and drug B are administered every 12 hours; drug B reaches
This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library