Suppose You Run a Simulation Model Several Times with Different

question 19

Multiple Choice

Suppose you run a simulation model several times with different order quantities. What can we infer about the the quantity that maximizes the output, the company's profit?

• A) This quantity is the optimal order quantity.
• B) This quantity might be the optimal order quantity, but we also need to consider the company's attitude toward risk.
• C) This is not necessarily the optimal order quantity, because it may have produced the largest profit by luck.
• D) We cannot infer anything about the quantity.

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Communication that involves multiple layers of meaning, requiring advanced cognitive and interpretative skills to understand fully.

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