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Business Simulation and Models Quiz

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Questions and Answers

What are the characteristics of a good model as per Dr. Abdelaziz Saleh Mohammad?

Simple to understand and goal-directed (correct)

Complicated and non-evolutionary

Complex and goal-directed

Difficult to control and incomplete

Which type of model is a verbal description?

Descriptive model (correct)

Physical model

Schematic model

Mathematical model

Which type of model is described mathematically, in the form of equations?

Mathematical model (correct)

Descriptive model

Physical model

Schematic model

What is the characteristic of a good model that refers to its ability to adapt and be easily updated?

<p>Adaptive and easy to update</p> Signup and view all the answers

In a simulation study, which step involves stating the problem?

<p>Problem Formulation</p> Signup and view all the answers

Business Simulation and Models Quiz

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Questions and Answers

What are the characteristics of a good model as per Dr. Abdelaziz Saleh Mohammad?

Which type of model is a verbal description?

Which type of model is described mathematically, in the form of equations?

What is the characteristic of a good model that refers to its ability to adapt and be easily updated?

In a simulation study, which step involves stating the problem?

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