1. In your business, describe a decision you would need to make
where you would want to use some type of optimization tool. In
regards to this decision, explain the importance of optimizing and
how it will be beneficial for your business.
2. Think of an example where simulation could be beneficial to
your business. Explain how you could use simulation and describe
the type of simulation. (There are several listed in the text. i.e.
probabilistic, time-dependent/independent, discrete event, visual,...