List at Least Four Reasons for the Construction of a Simulation

question 45

Essay

List at least four reasons for the construction of a simulation model as opposed to the study of the system itself, or a physical replica of the system.

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Definitions:

Electronic

Pertaining to technology that operates on electricity, including circuits, devices, and systems used for communications, computing, and control.

Automated

Refers to processes or systems that operate with minimal human intervention, often using technology to perform tasks faster and more efficiently.

Unethical Behaviour

involves actions that violate moral or professional guidelines designed to protect the integrity and rights of individuals and entities.

Global Markets

Refers to the international exchange of goods, services, and capital among various countries without much restriction.