Asp cannot guarantee an optimal solution to a simulation


ASP cannot guarantee an optimal solution to a simulation optimization model because

a. the optimization problem will have only one local optimal solution due to the linear relationship.
b. of sampling error resulting from nonlinear relationships.
c. it is not possible to compare solutions across runs.
d. of sampling error resulting from the presence of the random variables.

What is the correct answer?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Asp cannot guarantee an optimal solution to a simulation
Reference No:- TGS02395022

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)