Departmental Budgeting Is an Example of Aggregate Planning

question 76

True/False

Departmental budgeting is an example of aggregate planning.

Recognize the importance of random number generation and intervals in simulation.

Appreciate the capability of simulation to test policy changes without impacting real systems.

Identify the threefold idea behind simulation and its stages.

Acknowledge the variability and unrepeatability issues in simulations that rely on random numbers.

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