Which of the Following Statements About Simulation Process Is FALSE

question 5

Multiple Choice

Which of the following statements about simulation process is FALSE?

• A)It is not iterative in nature.
• B)It is not automatic because the intervention of an experienced simulation analyst will be needed.
• C)It can be used to show the real impact of alternative conditions and courses of action on the system.
• D)It can be used to evaluate the performance of an existing or proposed system and draw conclusions about the behavior of the actual system.

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Definitions:

Extracted

Refers to the process of removing or obtaining a resource, substance, or element from its source or original environment.

Optimal Quantity

The level of production or consumption that maximizes efficiency or benefits while minimizing costs.

Nonrenewable Resource

A natural resource that cannot be replaced at the same rate it is consumed, such as oil, coal, and natural gas.

Selling Price

The price at which a product or service is sold to customers.