The important step required for simulation approach in solving a problem is to.
A. Test & validate the model
B. Design the experiment
C. Conduct the experiment
D. All of the above
Answer: Option D
Solution(By Examveda Team)
The important step required for simulation approach in solving a problem is to Test & validate the model, Design the experiment and conduct the experiment.Related Questions on Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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