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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.
PRODUCTIVITY OR EFFICIENCY-ORIENTED DEFNITIONS F.W.Taylor, who is called the father of scientific management, explain management as "the art of knowing what you need to do and
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what is the aim and objective of management
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