1. Discuss the advantages and disadvantages of Simulation? 2. Discuss with example case when not to use Simulation? 3. What according to you are the real world problems where you find simulation is the most appropriate tool? 4. Discuss the role play of simulation in following fields? 1. Business Processes? 2. Manufacturing Application 3. Military Applications 4. Logistics and Supply chains 5. Discuss system and its components in detail? 6. Differentiate the following a. Open System and Closed System b. Exogenous and Endogenous System c. Discrete and continuous system d. Static Vs Dynamic system 7. what are the different types of models/ 8. Name the entities,attributes,activities,events and state variables for the following systems a. College library b. Mobile Call center c. Hospital Ward d. Departmental Store e. Airport ticketing