Which of the following statements about simulation is BEST?
A) Tools like optimization and regression analysis work best when they are simulated.
B) Simulation permits managers to test the effects of new policies and procedures without disrupting customer service.
C) As computers have increased in power, simulation results have become less accurate.
D) Computer-based simulation is the only "true" simulation.
Answer: B
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This table contains the performance criteria and scores (larger numbers are better) for four potential suppliers to Satriale's Pork Store. Evaluate the data and identify the BEST source for Satriale's
Consider the two runners-up to the best source and what points of negotiation might lead them to becoming the optimal supplier. Performance Dimension Company T Company C Company S Company P Innovation (W = 0.4) 4 4 2 5 Cost (W = 0.3) 4 3 5 2 Stability (W = 0.2) 2 1 4 5 Speed (W = 0.1) 3 5 5 2 What will be an ideal response?
Which of the following statements about bonds is true?
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