Monte Carlo Simulations Applied to Queuing Problems Have What Advantage

question 5

Multiple Choice

Monte Carlo simulations applied to queuing problems have what advantage?

• A) simpler
• B) Arrival distribution does not need to be a Poisson distribution.
• C) Unloading rates can vary randomly.
• D) B and C
• E) A, B, and C

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Definitions:

Volume

The quantity or amount of something, often used to describe the size, capacity, or mass of an object or the loudness of a sound.

Velocity

The speed of something in a given direction, often used in physics to describe motion but can extend to describe the pace of change in various contexts.

Variety

The quality or state of being different or diverse; the absence of uniformity or monotony.

Evidence-based Management

A practice where managerial decisions and organizational practices are made based on the best available evidence from multiple sources.