A simulation model is used to test the impact of the number of sample customers at a supermarket
As the model is run, the decision maker watches the average number of customers in the store rapidly increase from zero until it levels off and holds a constant value. The simulation model is:
A) not valid due to the lack of change.
B) in steady state.
C) not valid due to the fluctuation in the statistics.
D) a random variable.
B
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Vogel's approximation method allocates to the minimum cost cell in the row or column with the ________ penalty cost
Fill in the blank with correct word.
Which of the following questions would be more important for Intensity financial managers to evaluate when deciding the best method for the firm to raise funds?
A) What percentage of stock is owned by the CEO of Intensity Games? B) How will Intensity finance expansion of its Russian facility in five years? C) What type of debt financing would be most economical for Intensity? D) At which bank does Intensity do the majority of its business transactions?