ABM A - Unit 9 - Motivational Banker
1. What is the primary purpose of simulation?

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2. How is simulation defined in the context of studying systems?

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3. What is the goal of simulation in relation to predicting actual behavior?

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4. How is simulation described in terms of imitating real-life conditions or events?

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5. What can a simulation be performed through?

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6. What is one form of a mathematical model used in simulation?

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7. Why are simulations considered useful tools?

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8. What is emphasized about simulations in terms of reality?

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9. What determines the effectiveness of simulations?

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10. How are simulations described in terms of their accuracy?

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11. How is simulation extensively used in driving lessons?

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12. What is one example of the application of simulation in the financial world?

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13. In which areas of the financial world is simulation commonly used?

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14. What is an example of the application of simulation methods in transportation?

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15. What is a specific use of simulation in manufacturing?

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16. Which area involves the application of risk modeling using simulation methods?

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17. What does simulation help avoid in the context of driving lessons?

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18. Which area is NOT mentioned as an application of simulation methods?

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19. What is the primary reason for using simulation in situations with size and/or complexity?

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20. What do simulation models replicate?

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21. What are the three types of processes used in representative simulation models?

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22. What do executable processes in simulation models predict?

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23. What is the role of time incrementation in simulation models?

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24. What are the two methods of time incrementation in simulation models?

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25. What type of events do fixed time increments in simulation models suit?

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26. Which events are handled by variable time increments in simulation models?

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27. What can variable increments incorporate in simulation models?

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28. What type of systems do simulation models excel in handling compared to other models?

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29. In summary, what do simulation models replicate using processes that predict dynamic properties?

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30. How are simulation models customized?

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31. What is the contrast between simulation models and linear programming models in terms of adaptability?

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32. What is inherent in the design and application of building and executing simulation models?

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33. How are building and executing models considered in the context of guidelines?

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34. What is a crucial aspect of run length strategies in simulations?

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35. Which type of run length strategy matches simulated data to historical data for accuracy in scenarios like demand simulations?

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36. What is the role of equilibrium-oriented runs in simulations?

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37. What does the discrimination of run length in simulations involve?

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38. What does the customization of simulation models allow for?

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39. What is the primary difference in adaptability between simulation models and linear programming models?

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40. Under what circumstances is simulation desirable instead of conducting experiments on the real system?

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41. Why is simulation preferred in situations where experiments on the real system would be too costly?

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42. In what scenarios does simulation become advantageous due to the requirement for many observations over an extended period of time?

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43. Why is simulation preferable when exact replication of events is not possible in real experiments?

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44. When is simulation considered advantageous due to the lack of control over key variables in real experiments?

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45. Under what conditions is simulation preferable when a mathematical model is not available to handle the problem?

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46. Why might simulation be chosen when a problem's complexity surpasses the capability of available personnel?

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47. When is simulation advantageous over a mathematical model that is not robust enough to provide information on all factors of interest?

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