Exam 8: Markov Analysis and Simulation Techniques for Queuing Systems

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A problem is classified as Markov chain provided

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Which of the cost estimates & performance measures are not used for economic analysis of a queuing system

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Analytical results are taken into consideration before a simulation study so as to

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The important step required for simulation approach in solving a problem is to

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Which of the following is not one of the assumptions of Markov analysis:

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A calling population is considered to be infinite when

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In the long run, the state probabilities become 0 & 1

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Probabilities of occurrence of any state are

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An advantage of simulation as opposed to optimization is that

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Large complicated simulation models are appreciated because

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In Markov analysis, state probabilities must

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