1. Which of the following is a primary benefit of using a discreteevent simulation in supply chain management?
- a) Immediate real-time responses
- b) Cost reduction through inventory optimization
- c) Increased manual labor requirement
- d) Simplification of complex systems

Answer: b) Cost reduction through inventory optimization
Rationale: Discrete-event simulations help identify cost-saving
opportunities by optimizing inventory levels and other supply chain
parameters.
2. What does the acronym "DES" stand for in the context of
business simulation?
- a) Direct Event Simulation
- b) Dynamic Energy Solution
- c) Discrete Event Simulation
- d) Data Execution System

Answer: c) Discrete Event Simulation

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jordancarter 6 months ago

This study guide is clear, well-organized, and covers all the essential topics. The explanations are concise, making complex concepts easier to understand. It could benefit from more practice questions, but overall, it's a great resource for efficient studying. Highly recommend!

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