If in an absorbing state, the probability of being in an absorbing state in the future is

One of the disadvantages of simulation is that it:

A) does not allow for very complex problem solutions. B) is not very flexible. C) is a repetitive approach that may produce different solutions in different runs. D) is very limited in the type of probability distributions that can be used. E) interferes with the production systems while the program is being run.

Generally, period costs are classified as either

A) selling expenses or production expenses. B) administrative expense or production expenses. C) selling expenses or administrative expenses. D) general expenses or selling expenses.