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One of the advantages of simulation is that: model development is less time consuming than for mathematical models. managers must generate all of the conditions
One of the advantages of simulation is that:
model development is less time consuming than for mathematical models.
managers must generate all of the conditions and constraints for solutions that they want to examine.
it always generates a more accurate solution than a mathematical solution would.
model solutions are transferable to a wide variety of problems.
the policy changes may be tried without disturbing the reallife system.
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