Answered step by step
Verified Expert Solution
Question
1 Approved Answer
uses repeated random sampling to represent uncertainty in a model representing a real system and that computes the values of model outputs. a . Monte
uses repeated random sampling to represent uncertainty in a model representing a real system and that computes the values of model outputs.
a Monte Carlo simulation
b whatif analysis
c deterministic model
d discrete event simulation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started