Why might a manager be forced to use simulation instead of an analytical model in dealing with
Question:
Why might a manager be forced to use simulation instead of an analytical model in dealing with a problem of:
(a) inventory order policy?
(b) ships docking in a port to unload?
(c) bank teller service windows?
(d) the Canadian economy?
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Step by Step Answer:
a Inventory ordering policy May require simulation if lead time and daily ...View the full answer
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Related Book For 
Operations Management Sustainability and Supply Chain Management
ISBN: 978-0133764345
2nd Canadian edition
Authors: Jay Heizer, Barry Render, Paul Griffin
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