Question: QUESTION 1 What is the objective of simulation analysis? Predict what value an important output will take, given the value of certain inputs. Identify decisions

QUESTION 1
What is the objective of simulation analysis?
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.
Describe the relation between input and output variables.
Identify decisions that yield best average performance for the problem at hand.
QUESTION 1 What is the objective of simulation analysis? Predict what

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