Examlex
What do the initials IFB stand for?
Simulation Results
The output or outcomes generated from running a computer-based model that represents a real-world system.
Process Simulation
The use of computer software to model the operation of an entire process or system to study its behavior and performance under different conditions.
Probability Distributions
A mathematical function that describes the likelihood of obtaining the possible values that a random variable can take.
Jockeying
The strategic maneuvering or positioning, often within a competitive environment, to gain advantage or to optimize one’s situation.
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