Which of the Following Are Advantages of Computer Simulation Over

question 22

Multiple Choice

Which of the following are advantages of computer simulation over analytical methods like PERT/CPM for predicting the probability that a project will complete by a deadline?

• A)It does not need to make as many simplifying assumptions
• B)It is more flexible about which probability distributions can be used
• C)It provides a solution more quickly
• D)All of the above
• E)a and b only

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Definitions:

Marxist And Fordist

Concepts referring to the Marxist critique of capitalist industrial production and the Fordist model of mass production and labor standardization, respectively.

Social And Political

Relating to society and its organization or the theory and practice of politics and government.

Human Relations Theory

A management approach emphasizing the importance of social processes in the workplace and the well-being of employees in improving productivity.

Human Resources Management

The strategic approach to the effective management of people in an organization in a way that helps the business gain a competitive advantage.