Would the average output value in a simulation problem change appreciably if a longer period were simulated?

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Would the average output value in a simulation problem change appreciably if a longer period were simulated? Why or why not?

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Managerial Decision Modeling With Spreadsheets

ISBN: 9780136115830

3rd Edition

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

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Question Posted: Dec 22, 2015 03:29 AM

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Would the average output value in a simulation problem change appreciably if a longer period were simulated?

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The result of a simulation model approaches the expected value ...View the full answer

Managerial Decision Modeling With Spreadsheets

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