Question: What caution(s) need to be considered when constructing a simulation model? Group of answer choices All of the answers are correct. The effort may be

What caution(s) need to be considered when constructing a simulation model?

Group of answer choices

All of the answers are correct.

The effort may be time-consuming.

Validity of the data & assumption

The development of an accurate model is often costly.

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!