Which of the following is considered a disadvantage of simulation?
A) Simulation models do not allow for time compression.
B) Simulation models do not allow for what-if analysis.
C) Simulation models cannot emulate real systems.
D) Simulation models do not generate optimal solutions.
E) Simulation models are not unique.
D
Business
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Which of the following would ordinarily be considered personal property?
A) drapery rods B) freestanding refrigerator C) built-in bookcase D) ceiling fan
Business
All costs that do not vary with the size of the order but are incurred each time an order is placed are referred to as
A) the material cost and are denoted by C. B) the fixed ordering cost and are denoted by S. C) the holding cost and are denoted by H. D) the purchase price and are denoted by P.
Business