APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 136
Of the different site selection modeling techniques available, this solution uses mathematical procedures guaranteed to find the best solution, given the mathematical definition of the problem being evaluated.
Answer options
- A. Heuristic
- B. Optimization
- C. Simulation
- D. Network Factorization
Correct answer: C
Explanation
The correct answer is C, Simulation, because it utilizes mathematical models to represent real-world scenarios and is designed to find the best outcomes based on specific parameters. Heuristic methods (A) do not guarantee optimal solutions, while Optimization (B) refers to a broader approach that may not always be applicable. Network Factorization (D) is a different technique that doesn't focus specifically on mathematical procedures for finding solutions.