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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.
Introduction
GENERAL PRINCIPLES OF MANAGEMENT Thinkers, experts and writers on scientific management have evolved useful principles to have practical guidance for management operations.
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