A ___________ Uses Repeated Random Sampling to Represent Uncertainty in a Model

question 28

Multiple Choice

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

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Definitions:

Multiple Tables

In databases, a scenario where data is distributed across several tables to organize information efficiently and prevent redundancy.

HRIS Database

An HRIS (Human Resource Information System) database is a specialized software used for data entry, data tracking, and the information management of all human resources operations within an organization.

Share Information

The act of exchanging data, knowledge, or insights among individuals, teams, or organizations to facilitate decision-making or problem-solving processes.

Service Delivery System

The mechanism or process through which a company provides its services to customers, including all the activities, people, and technologies involved.