Question: Simulation modeling (Simio software) 1. a) In the context of simulation modeling, what is a replication and how, in general, do you determine how manyreplications

Simulation modeling (Simio software)
1.
a) In the context of simulation modeling, what is areplication and how, in general, do you determine how manyreplications to run for a given model?

b) What is the difference between a steady-statesimulation and a terminating simulation?

Please provide detailed answers. Thankyou!

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