Question: 1) Consider the two examples of spreadsheet simulation solved in the class (i.e. A news vendor problem and the M/U/1 queue problem). For the news

1) Consider the two examples of spreadsheet simulation solved in the class (i.e. A news vendor problem and the M/U/1 queue problem). For the news vendor problem, we calculated the sample standard deviation and constructed confidence interval of the expected profit. However, for the M/U/1 queue problem, we did not compute the standard deviation of queue waits and confidence intervals as in the news vendor problem for two important reasons, which are applicable to all dynamic simulations. Those two very important reasons are ....

Select one: A. Autocorrelation and dependence B. Autocorrelation and stationarity C. Validation and verification D. Validation and correlation

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