Which of the Following Statements Is INCORRECT Regarding the Advantages

question 24

Multiple Choice

Which of the following statements is INCORRECT regarding the advantages of simulation?

• A) Simulation is relatively easy to explain and understand.
• B) Simulation guarantees an optimal solution.
• C) Simulation models are flexible.
• D) A simulation model provides a convenient experimental laboratory for the real system.

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Definitions:

Used Ford Escorts

Second-hand vehicles of the Ford Escort model, which may be bought or sold in the used car market.

Slope

The measure of the steepness or incline of a line, calculated as the change in the y-value per unit change in the x-value.

Thousands of Dollars

A financial notation used to indicate sums of money in thousands, simplifying large numbers for ease of reading and interpretation.

Model Appropriate

Refers to the suitability of a statistical or mathematical model in accurately representing a real-world situation for analytical purposes.