Questions
Questions

Business Modeling & Optimization - DAT-3659 - BMBAN2 A1. In-Class Data Optimization Final Exam (90 Minutes) (Remotely Proctored)

Single choice

Which of the following is NOT a goal of simulation?

Options
A.Identify the best scenario among several hypothetical scenarios.
B.Test alternative product designs, scheduling policies, new facility locations and different machines with different capabilities.
C.Find the optimal solution.
D.Perform risk analysis before costly changes.
E.Dealing with relatively complex systems.
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Step-by-Step Analysis
The question asks which statement is NOT a goal of simulation. I will evaluate each option in turn before identifying the incorrect one. Option 1: 'Identify the best scenario among several hypothetical scenarios.' This aligns with a common use of simulation, which is to compare alternative scenarios and identify which performs best under given criteria. This is a valid simulation goal. Optio......Login to view full explanation

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