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

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