Question: hat is the objective of simulation analysis? Describe the relation between input and output variables. Predict what value an important output will take, given the

hat is the objective of simulation analysis?
Describe the relation between input and output variables.
Predict what value an important output will take, given the value of certain inputs.
Identify decisions that guarantee the best outcome in every business scenario.
Identify decisions that yield best average performance for the problem at hand.

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