Question 1

"Time compression" and the ability to pose "what-if?" questions are elements of:

Accepted Answer

A) setting up a probability distribution for important variables. 
B) the disadvantages of simulation. 
C) physical simulations but not mathematical simulations. 
D) the advantages of simulation. 
E) the broad threefold idea of simulation. 
A) setting up a probability distribution for important variables. 
B) the disadvantages of simulation. 
C) physical simulations but not mathematical simulations. 
D) the advantages of simulation. 
E) the broad threefold idea of simulation.

Question 2

Historical records on a certain product indicate the following behavior for demand.The data represent the 288 days that the business was open during 2000.Convert these data into random number intervals.(Round each probability used to 2 decimal places,e.g. ,0.36)

Accepted Answer

The answer of Historical records on a certain product indicate...

Question 3

A distribution of service times at a waiting line indicates that service takes 6 minutes 30 percent of the time,7 minutes 40 percent of the time,8 minutes 20 percent of the time,and 9 minutes 10 percent of the time.In preparing this distribution for Monte Carlo analysis,the service time of 8 minutes would be represented by what random number range?

Accepted Answer

A) 20 through 40 
B) 21 through 40 
C) 70 through 90 
D) 71 through 90 
E) 01 through 20 
A) 20 through 40 
B) 21 through 40 
C) 70 through 90 
D) 71 through 90 
E) 01 through 20

Question 4

Similar to mathematical and analytical models,simulation is restricted to using the standard probability distributions.

Accepted Answer

A) True 
 B)False

Question 5

Simulation is the attempt to duplicate the features,appearance,and characteristics of a real system,usually by means of a computerized model.

Accepted Answer

A) True 
 B)False

Question 6

A(n)________ is a series of digits that have been selected by a totally random process.

Accepted Answer

The answer of A(n)________ is a series of digits that...

Question 7

The ________ method is a simulation technique that uses random elements when chance exists in their behavior.

Accepted Answer

The answer of The ________ method is a simulation technique...

Question 8

One of the disadvantages of simulation is that it:

Accepted Answer

A) does not allow for very complex problem solutions. 
B) is not very flexible. 
C) is a repetitive approach that may produce different solutions in different runs. 
D) is very limited in the type of probability distributions that can be used. 
E) interferes with the production systems while the program is being run. 
A) does not allow for very complex problem solutions. 
B) is not very flexible. 
C) is a repetitive approach that may produce different solutions in different runs. 
D) is very limited in the type of probability distributions that can be used. 
E) interferes with the production systems while the program is being run.

Question 9

From a portion of a probability distribution,you read that P(demand = 0)is 0.05,P(demand = 1)is 0.10,and P(demand = 2)is 0.20.What are the two-digit random number intervals for this distribution beginning with 01?

Accepted Answer

A) 01 through 05,01 through 10,and 01 through 20 
B) 00 through 04,05 through 14,and 15 through 34 
C) 01 through 05,06 through 15,and 16 through 35 
D) 00 through 04,00 through 09,and 00 through 19 
E) 01 through 06,07 through 16,and 17 through 36 
A) 01 through 05,01 through 10,and 01 through 20 
B) 00 through 04,05 through 14,and 15 through 34 
C) 01 through 05,06 through 15,and 16 through 35 
D) 00 through 04,00 through 09,and 00 through 19 
E) 01 through 06,07 through 16,and 17 through 36

Question 10

Simulation has numerous applications in modern business,but few of these are in the area of operations.

Accepted Answer

A) True 
 B)False

Question 11

A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time.In preparing this distribution for Monte Carlo analysis,the service time 13 minutes would be represented by what random number range?

Accepted Answer

A) 00 through 29 
B) 01 through 30 
C) 30 through 99 
D) 31 through 00 
E) None of these;13 minutes is not a possible outcome. 
A) 00 through 29 
B) 01 through 30 
C) 30 through 99 
D) 31 through 00 
E) None of these;13 minutes is not a possible outcome.

Question 12

From a portion of a probability distribution,you read that P(demand = 1)is 0.05,P(demand = 2)is 0.15,and P(demand = 3)is .20.The cumulative probability for demand = 3 would be which of the following?

Accepted Answer

A) 0.133 
B) 0.200 
C) 0.400 
D) 0.600 
E) Cannot be determined from the information given. 
A) 0.133 
B) 0.200 
C) 0.400 
D) 0.600 
E) Cannot be determined from the information given.

Question 13

Virtually all large-scale simulations take place on computers,but small simulations can be conducted by hand.

Accepted Answer

A) True 
 B)False

Question 14

A warehouse manager needs to simulate the demand placed on a product that does not fit standard models.The concept being measured is "demand during lead time," where both lead time and daily demand are variable.The historical record for this product suggests the following probability distribution.Convert this distribution into random number intervals.

Accepted Answer

The answer of A warehouse manager needs to simulate the...

"Time compression" and the ability to pose "what-if?" questions are elements of:

Historical records on a certain product indicate the following behavior for demand.The data represent the 288 days that the business was open during 2000.Convert these data into random number intervals.(Round each probability used to 2 decimal places,e.g. ,0.36)

Similar to mathematical and analytical models,simulation is restricted to using the standard probability distributions.

Simulation is the attempt to duplicate the features,appearance,and characteristics of a real system,usually by means of a computerized model.

A(n)________ is a series of digits that have been selected by a totally random process.

The ________ method is a simulation technique that uses random elements when chance exists in their behavior.

One of the disadvantages of simulation is that it:

From a portion of a probability distribution,you read that P(demand = 0)is 0.05,P(demand = 1)is 0.10,and P(demand = 2)is 0.20.What are the two-digit random number intervals for this distribution beginning with 01?

Simulation has numerous applications in modern business,but few of these are in the area of operations.

A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time.In preparing this distribution for Monte Carlo analysis,the service time 13 minutes would be represented by what random number range?

From a portion of a probability distribution,you read that P(demand = 1)is 0.05,P(demand = 2)is 0.15,and P(demand = 3)is .20.The cumulative probability for demand = 3 would be which of the following?

Virtually all large-scale simulations take place on computers,but small simulations can be conducted by hand.

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Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

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Human Resources,job Design,and Work Measurement

Supply Chain Management

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Material Requirements Planning Mrpand Erp

Short-Term Scheduling

Jit,tps,and Lean Operations

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Sustainability in the Supply Chain

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Exam 27: Simulation

"Time compression" and the ability to pose "what-if?" questions are elements of:

Historical records on a certain product indicate the following behavior for demand.The data represent the 288 days that the business was open during 2000.Convert these data into random number intervals.(Round each probability used to 2 decimal places,e.g. ,0.36)

Similar to mathematical and analytical models,simulation is restricted to using the standard probability distributions.

Simulation is the attempt to duplicate the features,appearance,and characteristics of a real system,usually by means of a computerized model.

A(n)________ is a series of digits that have been selected by a totally random process.

The ________ method is a simulation technique that uses random elements when chance exists in their behavior.

One of the disadvantages of simulation is that it:

From a portion of a probability distribution,you read that P(demand = 0)is 0.05,P(demand = 1)is 0.10,and P(demand = 2)is 0.20.What are the two-digit random number intervals for this distribution beginning with 01?

Simulation has numerous applications in modern business,but few of these are in the area of operations.

A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time.In preparing this distribution for Monte Carlo analysis,the service time 13 minutes would be represented by what random number range?

From a portion of a probability distribution,you read that P(demand = 1)is 0.05,P(demand = 2)is 0.15,and P(demand = 3)is .20.The cumulative probability for demand = 3 would be which of the following?

Virtually all large-scale simulations take place on computers,but small simulations can be conducted by hand.

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand Erp

Short-Term Scheduling

Jit,tps,and Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

Statistical Process Control

Capacity and Constraint Management

Supply Chain Management Analytics

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Filters