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A) does not guarantee optimality.
B) is flexible and does not require the assumptions of theoretical models.
C) allows testing of the system without affecting the real system.
D) All of the alternatives are correct.
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True/False
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A) are selected by the decision maker.
B) are controlled by the decision maker.
C) are randomly generated based on historical information.
D) are calculated by fixed mathematical formulas.
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A) all the numbers have the same number of digits.
B) if one number is, say, 10 units above the mean, the next number will be 10 units below the mean.
C) all the numbers are odd or all are even.
D) each number has an equal probability of being drawn.
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Multiple Choice
A) Simulation is relatively easy to explain and understand.
B) Simulation guarantees an optimal solution.
C) Simulation models are flexible.
D) A simulation model provides a convenient experimental laboratory for the real system.
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A) 5.0
B) 3.9
C) 3.4
D) There is not enough information to answer.
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True/False
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Multiple Choice
A) a simulation clock is required.
B) the simulation advances to the next event.
C) the model is a discrete-event simulation.
D) All of the alternatives are correct.
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Multiple Choice
A) risk analysis.
B) project determinant.
C) probabilistic input.
D) profit/loss process.
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True/False
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True/False
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True/False
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A) real system.
B) computer model.
C) performance measures.
D) estimated inferences.
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