Exam 14: Computer Simulation: Basic Concepts
Exam 1: Introduction28 Questions
Exam 2: Linear Programming: Basic Concepts83 Questions
Exam 3: Linear Programming: Formulation and Applications58 Questions
Exam 4: The Art of Modeling With Spreadsheets31 Questions
Exam 5: What-If Analysis for Linear Programming63 Questions
Exam 6: Network Optimization Problems48 Questions
Exam 7: Using Binary Integer Programming to Deal With Yes-Or-No Decisions26 Questions
Exam 8: Nonlinear Programming53 Questions
Exam 9: Decision Analysis77 Questions
Exam 10: Cd Supplement - Decision Analysis26 Questions
Exam 11: Forecasting76 Questions
Exam 12: Queueing Models75 Questions
Exam 13: CD Supplement - Additional Queueing Models8 Questions
Exam 14: Computer Simulation: Basic Concepts45 Questions
Exam 15: CD Supplement - the Inverse Transformation Method for Generating Random Observations2 Questions
Exam 16: Computer Simulation With Crystal Ball53 Questions
Exam 17: CD - Solution Concepts for Linear Programming45 Questions
Exam 18: CD - Transportation and Assignment Problems48 Questions
Exam 19: CD - Pertcpm Models for Project Management93 Questions
Exam 20: CD - Goal Programming21 Questions
Exam 21: CD - Inventory Management With Known Demand64 Questions
Exam 22: CD - Inventory Management With Uncertain Demand43 Questions
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Figure
-If a simulation begins with the first random number,the second simulated value would be:

Free
(Multiple Choice)
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Correct Answer:
B
When dealing with relatively complex systems,computer simulation is an inexpensive option for decision makers.
Free
(True/False)
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Correct Answer:
False
Which of the following can be used for computer simulation?
Free
(Multiple Choice)
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Correct Answer:
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").
-How many times is David late for work because his car won't start?

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

(Multiple Choice)
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The main reason that a large number of replications of a simulation would be made is:
(Multiple Choice)
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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)
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Figure
-If a simulation begins with the first random number,the first simulated value would be:

(Multiple Choice)
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Managers can use simulation to obtain optimal answers for a wide range of problems.
(True/False)
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Random numbers can be generated in Excel by using the VLOOKUP function.
(True/False)
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A stochastic system is one that evolved over time according to a continuous probability distribution.
(True/False)
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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)
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Simulation is often the first choice of decision makers instead of analytic models.
(True/False)
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In order to generate more accurate results when using simulation:
(Multiple Choice)
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Random observations can be generated in Excel by using the VLOOKUP function.
(True/False)
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A simulation model is often formulated in terms of a flow diagram.
(True/False)
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One purpose of running experiments on a simulation model is to answer "what-if" questions.
(True/False)
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