Simulation and Modeling MCQ Test 5

1. What is a key benefit of using simulation in decision-making processes?

2. What challenges arise from 'model validation' in simulation and modeling?

3. In modeling, what does the term 'input' refer to?

4. What is the primary objective of a Monte Carlo simulation?

5. Which simulation approach is suitable for modeling real-time systems where timing constraints are critical?

6. What challenges are associated with 'convergence' in iterative simulation algorithms?

7. Which type of simulation is used for modeling continuous processes?

8. Which type of simulation focuses on individual entities and their interactions?

9. What is the primary goal of sensitivity analysis in simulation modeling?

10. What is the primary purpose of statistical analysis in simulation?