Which of the following statements about simulation is FALSE?
a. Simulation can be used to study the behavior of a system without the expensive alternative of actually building it.
b. Many real-world complex problems that do not lend themselves to analysis using mathematical models can be studied using simulation.
c. Simulation results are generally less accurate than analytical models.
d. Simulation models do not make restrictive assumptions that typically do not hold in real-world scenarios.
c. Simulation results are generally less accurate than analytical models.
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Answer the following statements true (T) or false (F)
1. There are three parties to a check: the depositor, the maker, and the bank. 2. In addition to the account number, a check shows the 9-digit routing number. 3. The bank statement reports the activity in the customer's account and is issued on an annual basis. 4. The bank statement shows the beginning and ending balances of cash in a bank account, cash receipts and payments, and the names of all individuals who are authorized to sign checks. 5. Banks must return physical copies of the maker's canceled checks.
The market for two-way radios is rapidly shrinking. A company that has a small share of the two-way radio market would be considered a(n) ________ in terms of the BCG growth-market matrix
A) exclamation mark B) dog C) cash cow D) star E) question mark
Advocates of deregulating labor law argue that the decline in unionization in the U.S. is due to the fact that:
A. Current labor law makes it too hard to organize new union members B. There is a reduced need and desire for unions in today's society C. Management is able to exploit the NLRA's weaknesses to avoid unionization D. Labor unions are too powerful under the current law
The HR department of Woodworkers, a furniture manufacturing firm, takes the time and effort to identify and attract the right type of skilled employees required to manufacture premium furniture. It also trains the employees extensively so that they gain job-related knowledge. Moreover, it has established monthly reward systems so that the employees feel appreciated for their hard work. In this scenario, the activities undertaken by the HR department of Woodworkers most likely align with the human resource management goal of _____.
A. adhering to legal business guidelines B. complying with social obligations C. creating an ethnocentric work environment D. enhancing productivity and quality