Question 1

The normal distribution has a fixed upper and lower bound.

Accepted Answer

A) True 
 B)False

Question 2

A danger of using the lognormal distribution is that values can fall below zero.

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A) Some value is the most likely. 
B) Values close to the most likely value are more common. 
C) The most likely value is the mean. 
D) It can be asymmetric. 
E) It has a fixed upper and lower bound. 
A) Some value is the most likely. 
B) Values close to the most likely value are more common. 
C) The most likely value is the mean. 
D) It can be asymmetric. 
E) It has a fixed upper and lower bound.

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

A distribution is chosen from the Distribution Gallery for which type of cell?

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 6

Which of the following is not one of the charts or tables provided by Crystal Ball?

Accepted Answer

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

Question 7

Which of the following charts shows a histogram giving the relative frequency of the various output values in the forecast cell?

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 8

The number of trials is one of the options to be set in the Run Preferences for Crystal Ball.

Accepted Answer

A) True 
 B)False

Question 9

When applying simulation to an inventory problem,which of the following is the most appropriate choice for the forecast cell.

Accepted Answer

A) The total profit. 
B) The holding cost per unit. 
C) The demand. 
D) All of the above. 
E) None of the above. 
A) The total profit. 
B) The holding cost per unit. 
C) The demand. 
D) All of the above. 
E) None of the above.

Question 10

Which of the following distributions describes the number of times an event occurs during a given period of time or space?

Accepted Answer

A) Uniform distribution. 
B) Exponential distribution. 
C) Poisson distribution. 
D) Normal distribution. 
E) None of the above. 
A) Uniform distribution. 
B) Exponential distribution. 
C) Poisson distribution. 
D) Normal distribution. 
E) None of the above.

Question 11

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

Accepted Answer

A) Some value is the most likely. 
B) It is negatively skewed (above the mean more likely). 
C) Values cannot fall below zero. 
D) Extreme values (high end only)are possible,but rare. 
E) All of the above are characteristic of the lognormal distribution. 
A) Some value is the most likely. 
B) It is negatively skewed (above the mean more likely). 
C) Values cannot fall below zero. 
D) Extreme values (high end only)are possible,but rare. 
E) All of the above are characteristic of the lognormal distribution.

Question 12

Which of the following distributions describes the number of times an event occurs in a fixed number of trials?

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 13

Which of the following distributions is widely used to describe the time between random events?

Accepted Answer

A) Uniform distribution. 
B) Exponential distribution. 
C) Poisson distribution. 
D) Normal distribution. 
E) None of the above. 
A) Uniform distribution. 
B) Exponential distribution. 
C) Poisson distribution. 
D) Normal distribution. 
E) None of the above.

The normal distribution has a fixed upper and lower bound.

A danger of using the lognormal distribution is that values can fall below zero.

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

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

A distribution is chosen from the Distribution Gallery for which type of cell?

Which of the following is not one of the charts or tables provided by Crystal Ball?

Which of the following charts shows a histogram giving the relative frequency of the various output values in the forecast cell?

The number of trials is one of the options to be set in the Run Preferences for Crystal Ball.

When applying simulation to an inventory problem,which of the following is the most appropriate choice for the forecast cell.

Which of the following distributions describes the number of times an event occurs during a given period of time or space?

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

Which of the following distributions describes the number of times an event occurs in a fixed number of trials?

Which of the following distributions is widely used to describe the time between random events?

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

Filters

Exam 16: Computer Simulation With Crystal Ball

The normal distribution has a fixed upper and lower bound.

A danger of using the lognormal distribution is that values can fall below zero.

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

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

A distribution is chosen from the Distribution Gallery for which type of cell?

Which of the following is not one of the charts or tables provided by Crystal Ball?

Which of the following charts shows a histogram giving the relative frequency of the various output values in the forecast cell?

The number of trials is one of the options to be set in the Run Preferences for Crystal Ball.

When applying simulation to an inventory problem,which of the following is the most appropriate choice for the forecast cell.

Which of the following distributions describes the number of times an event occurs during a given period of time or space?

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

Which of the following distributions describes the number of times an event occurs in a fixed number of trials?

Which of the following distributions is widely used to describe the time between random events?

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

Filters