Simulation and Modeling MCQ Test 5

1. In system dynamics modeling, what does a 'feedback loop' represent?

2. How does 'model fidelity' impact the accuracy of simulation results?

3. What is the purpose of Monte Carlo simulation in modeling?

4. What challenges are associated with 'convergence' in iterative simulation algorithms?

5. In modeling, what does the term 'input' refer to?

6. In simulation modeling, what does 'steady-state' imply?

7. Which type of simulation is best suited for modeling supply chain networks?

8. How does 'model coupling' impact the complexity of a simulation?

9. Which type of simulation focuses on individual entities and their interactions?

10. Which technique is commonly used for 'multi-scale modeling' in simulations?