What BEST Describes a Simulation Model in Which It Is

question 23

Multiple Choice

What BEST describes a simulation model in which it is not important to know exactly when a modeled event occurred?

• A) system dynamics simulation
• B) discrete event simulation
• C) continuous distribution simulation
• D) time-independent simulation

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Definitions:

Process Consultants

Professionals who assist organizations or groups in understanding and improving their internal processes, especially concerning decision-making and problem-solving.

Final-Offer Arbitration

A dispute resolution process where each party presents their best offer, and an arbitrator chooses one of the offers with no alterations as the resolution.

Cooling-Off Effect

A period designed to allow parties in a dispute to calm emotions and reconsider their positions.

Arbitration

A method of dispute resolution involving a neutral third party who makes a binding decision.