With Regard to a Simulation Model for Inventory Management, All

question 28

Multiple Choice

With regard to a simulation model for inventory management, all of the following are correct EXCEPT:

• A) it results in an optimal solution with a large simulation.
• B) many days of simulation run are needed to obtain meaningful results.
• C) lead time can vary.
• D) it assumes that a specific reorder point and order quantity have been selected.