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What do descriptive models aim to represent?
What do descriptive models aim to represent?
- The optimal decision to maximize an objective function
- How a system should function to eliminate problems
- The constraints that must be satisfied in a system
- How variables interact and how problems are generated (correct)
Which statement about system dynamics (SD) models is correct?
Which statement about system dynamics (SD) models is correct?
- SD models are descriptive in nature (correct)
- SD models can only represent discrete dynamics
- SD models are prescriptive in nature
- SD models can only represent continuous dynamics
What is the difference between continuous and discrete dynamics in models?
What is the difference between continuous and discrete dynamics in models?
- Continuous dynamics can change at any time, while discrete dynamics change at pre-defined points in time (correct)
- Continuous dynamics change at pre-defined points in time, while discrete dynamics can change at any time
- Continuous dynamics represent variables that change over time, while discrete dynamics represent static variables
- There is no difference between continuous and discrete dynamics in models
Which type of equations are used to represent continuous-time models?
Which type of equations are used to represent continuous-time models?
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What is an example of a variable that exhibits continuous dynamics?
What is an example of a variable that exhibits continuous dynamics?
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Which type of models aim to find the 'optimum' decision under a set of constraints?
Which type of models aim to find the 'optimum' decision under a set of constraints?
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What is an example of a variable that exhibits discrete dynamics?
What is an example of a variable that exhibits discrete dynamics?
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Which statement about system dynamics (SD) models and time horizons is correct?
Which statement about system dynamics (SD) models and time horizons is correct?
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Which type of models represent how variables interact and how problems are generated, but do not provide solutions?
Which type of models represent how variables interact and how problems are generated, but do not provide solutions?
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What type of equations are used to represent discrete-time models?
What type of equations are used to represent discrete-time models?
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