Which statement is true regarding a simulation model?

A. It makes decision-making easier.
B. It explicitly incorporates uncertainty in one or more input variables.
C. It does not require any best guesses.
D. It always uses a normal probability model.


Answer: B

Business

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Indicate whether the statement is true or false

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Indicate whether the statement is true or false.

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Which of the following statements is CORRECT?

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