Which of the Following Statements Regarding Simulation Is True

question 72

Multiple Choice

Which of the following statements regarding simulation is true?

• A) Simulation can be physical or mathematical.
• B) Simulation has numerous areas of application in operations.
• C) Simulation attempts to duplicate a real system.
• D) Monte Carlo simulation is a chance-based mathematical model of a real system.
• E) All of these are true.

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Definitions:

Mouthwash

A liquid product used for cleaning the mouth, improving oral hygiene, and freshening breath.

Perfectionist

An individual who strives for flawlessness and sets excessively high performance standards, accompanied by overly critical self-evaluations and concerns regarding others' evaluations.

Efficiency

The ability to accomplish a job with a minimum expenditure of time and effort.

Time Management

The process of organizing and planning how to divide one's time between specific activities to work more efficiently.