Question: Identify the true statements about simulation models. ( Check all that apply. ) Multiple select question.A relatively simple simulation - based approach is known as

Identify the true statements about simulation models. (Check all that apply.)Multiple select question.A relatively simple simulation-based approach is known as adaptive forecasting.A forecaster makes new forecasts using the combination of rules that would have provided the best forecasts for the past demands.A relatively simple simulation-based approach is known as focused forecasting.Focused forecasting combines common sense inputs from frontline personnel with a computer simulation process

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