Which of the Following Statements Is TRUE Regarding Next-Event Simulation

question 39

Multiple Choice

Which of the following statements is TRUE regarding next-event simulation models?

• A) They are used less commonly in practice than fixed-time simulation models.
• B) They are the basis for most commercial simulation software.
• C) They increment time by the occurrence of the preceding event.
• D) They are less accurate than fixed-time-increment simulation models.

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Definitions:

Systems

Organized sets of interrelated elements or components that function together as a whole to achieve a particular goal or handle specific tasks.

Snowball Sampling

A recruitment technique in research where existing study subjects recruit future subjects from among their acquaintances, creating a "snowball" effect.

Availability Sampling

A non-probability sampling technique where samples are selected based on their availability or ease of access.