Supply Chain Management / Operations Management:
Which of the following statements is NOT true about the advantages of simulations?
a. Simulation models can be used to describe systems without requiring the assumptions that are often required by mathematical models.
b. Simulation models are flexible.
c. Simulation models provide a convenient experimental “laboratory” for a real system.
d. Generally, the larger the number of random variables a system has, the less likely that a simulation model will provide the most suitable approach for studying the system.