13.1 Advantages and Disadvantages of Simulation
Simulation is a tool that has become widely accepted by managers for several reasons:
It is relatively straightforward and flexible. It can be used to compare many different scenarios side-by-side.
Recent advances in software make some simulation models very easy to develop.
It can be used to analyze large and complex real-world situations that cannot be solved by conventional quantitative analysis models. For example, it may not be possible to build and solve a mathematical model of a city government system that incorporates important economic, social, environmental, ...
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