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http://www.forbes.com/sites/gregsatell/2013/07/15/why-the-future-of-innovation-is-simulation/
Read the article by Satell (2013) entitled “Why The Future of Innovation Is Simulation.” Based on this article and additional reading and knowledge, answer the following questions:
◦Under what conditions would you choose to use a simulation model?
◦What is the simulation process?
◦Explain the pros and cons of using simulation modeling.
250 words minimum
