One of the Disadvantages of Simulation Is That It

question 33

Multiple Choice

One of the disadvantages of simulation is that it

• A) does not allow for very complex problem solutions
• B) is not very flexible
• C) is a trial-and-error approach that may produce different solutions in different runs
• D) is very limited in the type of probability distribution that can be used
• E) interferes with the production systems while the program is being run

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Definitions:

Decision-making Process

A systematic approach involving identifying and analyzing options to make choices based on criteria and preferences.

Organization Chart

A diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Opportunity Costs

The cost of choosing one option over another, typically the most valuable foregone alternative.

Consistency

The quality of always behaving or performing in a similar way, maintaining uniformity across situations or time.