Question: A simulation model extends spreadsheet modeling by _ _ _ _ _ . a . using historical data to make predictions about future values and

A simulation model extends spreadsheet modeling by _____.
a. using historical data to make predictions about future values and expected trends
b. replacing the use of single values for parameters with a range of possible values
c. extending the range of parameters for which solutions are computed
d. using real-time values for parameters from the application to formulate solutions

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!