Which of the Following Are Advantages of Computer Simulation Over

question 35

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?
I. It does not need to make as many simplifying assumptions.
II. It is more flexible about which probability distributions can be used.
III. It provides a solution more quickly.

• A) I only
• B) II only
• C) III only
• D) I, II, and III
• E) I and II only

---

Definitions:

Farmers' Subsidies

Government financial support provided to farmers to supplement their income and manage the supply of agricultural commodities.

Trademark Protection

The legal safeguards that prevent unauthorized use of a trademark, which is a recognizable sign, design, or expression identifying products or services of a particular source.

U.S. Patent And Trademark Office

The federal agency responsible for granting U.S. patents and registering trademarks, aiding in the protection of intellectual property.

Fair-Use Exemption

Fair-Use Exemption pertains to a legal doctrine that permits limited use of copyrighted material without requiring permission from the rights holders, typically for purposes of commentary, criticism, education, and reporting.