Simulation Permits the Modeler to Discover What Might Happen Should

question 5

Short Answer

Simulation permits the modeler to discover what might happen should certain events occur, for example, extreme levels of customer demand, equipment malfunction, etc. This type of analysis is known as ________ analysis.

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Definitions:

Clustered Column PivotChart

An interactive chart in Excel that groups data into columns, allowing for comparison of data across categories.

Clustered Bar PivotChart

A type of chart in Excel that groups bars (representing data points) together in clusters, useful for comparing multiple datasets.

PivotChart Type

A category or variety of chart that can be created in Excel to graphically represent data summarized in a PivotTable.

PivotChart Style

A feature in Microsoft Excel that allows users to customize the appearance of a PivotChart, including colors, layout, and effects.