Exam 14: Computer Simulation: Basic Concepts

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Figure Figure   -If a simulation begins with the first random number,the second simulated value would be: -If a simulation begins with the first random number,the second simulated value would be:

Free
(Multiple Choice)
4.8/5
(40)
Correct Answer:
Verified

B

When dealing with relatively complex systems,computer simulation is an inexpensive option for decision makers.

Free
(True/False)
4.8/5
(37)
Correct Answer:
Verified

False

Which of the following can be used for computer simulation?

Free
(Multiple Choice)
4.8/5
(38)
Correct Answer:
Verified

E

Figure On cold mornings,the probability that David's car won't start is 0.22.When it doesn't start,he takes the bus and is late for work.When it does start,he drives to work on the freeway.Sixty-five percent of the time the freeway is clear,and he gets to work on time.The rest of the time he is late.Simulate 10 consecutive days worth of trips to work using the random numbers given (use the smaller numbers to represent "car won't start" and "freeway clear"). Figure On cold mornings,the probability that David's car won't start is 0.22.When it doesn't start,he takes the bus and is late for work.When it does start,he drives to work on the freeway.Sixty-five percent of the time the freeway is clear,and he gets to work on time.The rest of the time he is late.Simulate 10 consecutive days worth of trips to work using the random numbers given (use the smaller numbers to represent car won't start and freeway clear).   -How many times is David late for work because his car won't start? -How many times is David late for work because his car won't start?

(Multiple Choice)
4.8/5
(33)

Computers can simulate years of operation in seconds.

(True/False)
4.8/5
(39)

A simulation model includes:

(Multiple Choice)
4.9/5
(41)

Animation can be used to display computer simulations in action.

(True/False)
4.8/5
(27)

Given this frequency distribution,the random number 0.2258 would be interpreted as a demand of: Given this frequency distribution,the random number 0.2258 would be interpreted as a demand of:

(Multiple Choice)
4.7/5
(31)

The main reason that a large number of replications of a simulation would be made is:

(Multiple Choice)
4.8/5
(31)

A larger confidence interval is desirable for a measure of performance since it shows that the results are valid over a larger range.

(True/False)
4.7/5
(31)

Figure Figure   -If a simulation begins with the first random number,the first simulated value would be: -If a simulation begins with the first random number,the first simulated value would be:

(Multiple Choice)
5.0/5
(37)

Managers can use simulation to obtain optimal answers for a wide range of problems.

(True/False)
4.7/5
(36)

Random numbers can be generated in Excel by using the VLOOKUP function.

(True/False)
4.8/5
(34)

A stochastic system is one that evolved over time according to a continuous probability distribution.

(True/False)
4.8/5
(34)

When using a random number table,it is important to always start at the same point of the table so that results may be replicated.

(True/False)
4.8/5
(33)

Simulation is often the first choice of decision makers instead of analytic models.

(True/False)
4.9/5
(36)

In order to generate more accurate results when using simulation:

(Multiple Choice)
5.0/5
(36)

Random observations can be generated in Excel by using the VLOOKUP function.

(True/False)
4.8/5
(34)

A simulation model is often formulated in terms of a flow diagram.

(True/False)
4.8/5
(32)

One purpose of running experiments on a simulation model is to answer "what-if" questions.

(True/False)
4.9/5
(33)
Showing 1 - 20 of 45
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)