Which of the Following Is Not a Reason for Simulation's

question 67

Multiple Choice

Which of the following is not a reason for simulation's popularity?

• A) It is simple to use and/or understand.
• B) Extensive software packages are available.
• C) Many situations are too complex for mathematical solutions.
• D) If can be used for a wide range of applications.
• E) It is typically an inexpensive approach.

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Definitions:

Decision

The process or action of choosing among alternatives, often based on analysis and information to achieve a desired goal.

Overtime

Extra hours worked beyond the regular working schedule, often compensated at a higher pay rate.

Production Constraint

A limitation or bottleneck in the production process that restricts output, efficiency, or the utilization of resources.

Profits

The financial gain achieved when the revenues from business operations exceed the expenses, costs, and taxes involved in sustaining the operation.