Exam 10: Modeling and Analysis: Heuristic Search Methods and Simulation
Exam 1: An Overview of Business Intelligence, Analytics, and Decision Support70 Questions
Exam 2: Foundations and Technologies for Decision Making70 Questions
Exam 3: Data Warehousing70 Questions
Exam 4: Business Reporting, Visual Analytics, and Business Performance Management70 Questions
Exam 5: Data Mining70 Questions
Exam 6: Techniques for Predictive Modeling70 Questions
Exam 7: Text Analytics, Text Mining, and Sentiment Analysis70 Questions
Exam 8: Web Analytics, Web Mining, and Social Analytics70 Questions
Exam 9: Model-Based Decision Making: Optimization and Multi-Criteria Systems70 Questions
Exam 10: Modeling and Analysis: Heuristic Search Methods and Simulation70 Questions
Exam 11: Automated Decision Systems and Expert Systems70 Questions
Exam 12: Knowledge Management and Collaborative Systems70 Questions
Exam 13: Big Data and Analytics70 Questions
Exam 14: Business Analytics: Emerging Trends and Future Impacts70 Questions
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If simulation results do not match the intuition or judgment of the decision maker, a ________ gap in the results can occur.
(Short Answer)
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Simulation solutions cannot easily be transferred from one problem domain to another.
(True/False)
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A genetic algorithm is an iterative procedure that represents its candidate solutions as strings of genes called ________ and measures their viability with a fitness function.
(Short Answer)
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In the choice phase of problem solving, normative models involve selecting an optimal or best outcome.
(True/False)
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The use of simulation models is desirable because they can usually be solved in one pass, without incurring the time and cost of iterations.
(True/False)
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Heuristic approaches are typically used to solve more complex problems.
(True/False)
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One of the advantages of simulation is that a great amount of ________ can be attained, quickly giving a manager some feel as to the long-term (1- to 10-year) effects of many policies.
(Short Answer)
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In which stage of the simulation methodology do you determine the variables and gather data?
(Multiple Choice)
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