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Time Compression Is the Feature of Simulation That Allows Managers

question 36

True/False

Time compression is the feature of simulation that allows managers to obtain operating-characteristic estimates in much less time than is required to gather the same operating data from a real system.


Definitions:

Mental Set

A psychological tendency to approach problems in a certain way due to past experiences and successes, potentially limiting creativity.

Practical Intelligence

refers to the ability to solve everyday problems by utilizing knowledge gained from experience rather than from formal academic education.

Robert Sternberg

An American psychologist known for his theory on love and intelligence, including the Triarchic Theory of Intelligence.

Confirmation Bias

The inclination to seek out, understand, prefer, and remember information in a manner that validates one's previously held beliefs or theories.

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