Question 1

Which of the following is a random input cell in Crystal Ball?

Accepted Answer

A) An assumption cell. 
B) A decision variable. 
C) A forecast cell. 
D) An output cell. 
E) None of the above. 
A) An assumption cell. 
B) A decision variable. 
C) A forecast cell. 
D) An output cell. 
E) None of the above.

Question 2

Which chart indicates the trend in forecast values as a particular decision variable is varied?

Accepted Answer

A) Frequency chart. 
B) Trend chart. 
C) Cumulative chart. 
D) Reverse cumulative chart. 
E) None of the above. 
A) Frequency chart. 
B) Trend chart. 
C) Cumulative chart. 
D) Reverse cumulative chart. 
E) None of the above.

Question 3

Which of the following is not a characteristic of the normal distribution?

Accepted Answer

A) Some value is the most likely. 
B) Values closest to the mean are more likely. 
C) It must be symmetric. 
D) Values cannot fall below zero. 
E) Extreme values are possible,but rare. 
A) Some value is the most likely. 
B) Values closest to the mean are more likely. 
C) It must be symmetric. 
D) Values cannot fall below zero. 
E) Extreme values are possible,but rare.

Question 4

Which of the following are three-parameter distributions?

Accepted Answer

A) Weibull distribution. 
B) Normal distribution. 
C) Beta distribution. 
D) All of the above. 
E) a and c only. 
A) Weibull distribution. 
B) Normal distribution. 
C) Beta distribution. 
D) All of the above. 
E) a and c only.

Question 5

The Decision Table tool can simultaneously vary up to how many different decision variables?

Accepted Answer

A) 1 
B) 2 
C) 3 
D) 4 
E) Any number of decision variables. 
A) 1 
B) 2 
C) 3 
D) 4 
E) Any number of decision variables.

Question 6

OptQuest can not handle constraints in a simulation model.
Multiple Choice Questions

Accepted Answer

A) True 
 B)False

Question 7

The Weibull and beta distribution are examples of two-parameter distributions.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not a step required to perform a simulation with Crystal Ball?

Accepted Answer

A) Define the random input cells. 
B) Define the output cells to forecast. 
C) Set the run preferences. 
D) Develop the spreadsheet model. 
E) All are steps required to perform a simulation with Crystal Ball. 
A) Define the random input cells. 
B) Define the output cells to forecast. 
C) Set the run preferences. 
D) Develop the spreadsheet model. 
E) All are steps required to perform a simulation with Crystal Ball.

Question 9

The custom distribution can be used for which of the following types of random values?

Accepted Answer

A) Sets of discrete values. 
B) A range of discrete values. 
C) A continuous distribution. 
D) Combinations of a,b,and c. 
E) All of the above. 
A) Sets of discrete values. 
B) A range of discrete values. 
C) A continuous distribution. 
D) Combinations of a,b,and c. 
E) All of the above.

Question 10

The sensitivity chart conveys which of the following?

Accepted Answer

A) The relative frequency of various forecast cell values. 
B) The increase in profit per unit increase in an assumption cell. 
C) It indicates how strongly various assumption cells influence the forecast cell. 
D) The mean profit. 
E) None of the above. 
A) The relative frequency of various forecast cell values. 
B) The increase in profit per unit increase in an assumption cell. 
C) It indicates how strongly various assumption cells influence the forecast cell. 
D) The mean profit. 
E) None of the above.

Question 11

Which of the following provide the mean,median,standard deviation,range,etc.for the forecast cell in Crystal Ball.

Accepted Answer

A) Frequency chart. 
B) Statistics table. 
C) Percentiles table. 
D) Cumulative chart. 
E) Reverse cumulative chart. 
A) Frequency chart. 
B) Statistics table. 
C) Percentiles table. 
D) Cumulative chart. 
E) Reverse cumulative chart.

Question 12

The sensitivity chart in Crystal Ball indicates the increase in the forecast cell value per unit increase in the assumption cell.

Accepted Answer

A) True 
 B)False

Question 13

The negative binomial distribution describes the number of trials until an event occurs n times.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following distributions describes the number of trials until an event occurs n times?

Accepted Answer

A) Binomial distribution. 
B) Geometric distribution. 
C) Negative binomial distribution. 
D) Poisson distribution. 
E) None of the above. 
A) Binomial distribution. 
B) Geometric distribution. 
C) Negative binomial distribution. 
D) Poisson distribution. 
E) None of the above.

Question 15

Crystal Ball can be used to fit a discrete distribution to data.

Accepted Answer

A) True 
 B)False

Question 16

The more trials that are run,the lower the mean standard error will become.

Accepted Answer

A) True 
 B)False

Question 17

Increasing the number of trials increases the accuracy of a simulation.

Accepted Answer

A) True 
 B)False

Question 18

A trend chart shows the trend in profit values from trial to trial.

Accepted Answer

A) True 
 B)False

Question 19

The Solver Table can be used by Crystal Ball to systematically investigate a set of values for a decision variable in a simulation model.

Accepted Answer

A) True 
 B)False

Question 20

The geometric distribution describes the number of times an event occurs in a fixed number of trials.

Accepted Answer

A) True 
 B)False

Exam 16: Computer Simulation With Crystal Ball

Which of the following is a random input cell in Crystal Ball?

Which chart indicates the trend in forecast values as a particular decision variable is varied?

Which of the following is not a characteristic of the normal distribution?

Which of the following are three-parameter distributions?

The Decision Table tool can simultaneously vary up to how many different decision variables?

OptQuest can not handle constraints in a simulation model. Multiple Choice Questions

The Weibull and beta distribution are examples of two-parameter distributions.

Which of the following is not a step required to perform a simulation with Crystal Ball?

The custom distribution can be used for which of the following types of random values?

The sensitivity chart conveys which of the following?

Which of the following provide the mean,median,standard deviation,range,etc.for the forecast cell in Crystal Ball.

The sensitivity chart in Crystal Ball indicates the increase in the forecast cell value per unit increase in the assumption cell.

The negative binomial distribution describes the number of trials until an event occurs n times.

Which of the following distributions describes the number of trials until an event occurs n times?

Crystal Ball can be used to fit a discrete distribution to data.

The more trials that are run,the lower the mean standard error will become.

Increasing the number of trials increases the accuracy of a simulation.

A trend chart shows the trend in profit values from trial to trial.

The Solver Table can be used by Crystal Ball to systematically investigate a set of values for a decision variable in a simulation model.

The geometric distribution describes the number of times an event occurs in a fixed number of trials.

Introduction

Linear Programming: Basic Concepts

Linear Programming: Formulation and Applications

The Art of Modeling With Spreadsheets

What-If Analysis for Linear Programming

Network Optimization Problems

Using Binary Integer Programming to Deal With Yes-Or-No Decisions

Nonlinear Programming

Decision Analysis

Cd Supplement - Decision Analysis

Forecasting

Queueing Models

CD Supplement - Additional Queueing Models

Computer Simulation: Basic Concepts

CD Supplement - the Inverse Transformation Method for Generating Random Observations

CD - Solution Concepts for Linear Programming

CD - Transportation and Assignment Problems

CD - Pertcpm Models for Project Management

CD - Goal Programming

CD - Inventory Management With Known Demand

CD - Inventory Management With Uncertain Demand

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