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Advantage of simulation modeling is
a. It generates an optimal solution to the problem.
b. It allows the inclusion of real-world complications.
c. It can be used in similar problem applications with only slightmodifications.
d. It forces managers to identify every single relevant variable within problem.
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Factorial Design: The factorial experiment design allows the researcher to test two or more variables at the same time. It determines whether the variables interact t
essential features of a sound capital structures
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