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(WGU D361) BUS 2111 Business Simulation - FA Pre Test Guide . $14.49   Add to cart

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(WGU D361) BUS 2111 Business Simulation - FA Pre Test Guide .

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(WGU D361) BUS 2111 Business Simulation - FA Pre Test Guide .(WGU D361) BUS 2111 Business Simulation - FA Pre Test Guide .(WGU D361) BUS 2111 Business Simulation - FA Pre Test Guide .

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  • September 11, 2024
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  • 2024/2025
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D361 BUS 2111



Business Simulation




FA PRE-TEST GUIDE




© WGU 2024/2025

,1. Which of the following is a primary benefit of using a discrete-
event 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
© WGU 2024/2025

, Rationale: DES is a simulation paradigm where the operation
of a system is represented as a chronological sequence of events.


3. In a supply chain simulation, what is the main purpose of
implementing a Monte Carlo simulation?
- a) To perform tasks at a faster rate
- b) To integrate machine learning models
- c) To assess the impact of randomness and uncertainty
- d) To reduce the number of warehouses required


Answer: c) To assess the impact of randomness and
uncertainty
Rationale: Monte Carlo simulations are used for risk analysis
by modeling the probability of different outcomes in a process that
cannot easily be predicted due to random variables.


4. Which Key Performance Indicator (KPI) is most commonly
evaluated using business simulations in supply chain management?
- a) Employee satisfaction
- b) Cost of goods sold
- c) Inventory turnover
- d) Market share

© WGU 2024/2025

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