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Question regarding the technique of last resort

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Reference no: EM131100721

Why is simulation often called a technique of last resort?

Must you use a computer to get good information from a simulation? Explain.

What methods are used to analyze time in a simulation model? How do they work?

What are the pros and cons of starting a simulation with the system empty? With the system in equilibrium?

Reference no: EM131100721

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