Question 1

The custom distribution in RSPE allows only discrete distributions to be entered

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

Which of the following provide the mean,median,standard deviation,range,etc for the results cell in RSPE?

Accepted Answer

A) Frequency chart 
B) Statistics table 
C) Percentiles table 
D) Cumulative frequency chart 
E) None of the above 
A) Frequency chart 
B) Statistics table 
C) Percentiles table 
D) Cumulative frequency chart 
E) None of the above

Question 4

The sensitivity chart in RSPE indicates the increase in the results cell per unit increase in the uncertain variable cell

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) Frequency chart 
B) Statistics table 
C) Standard error chart 
D) Cumulative frequency chart 
E) Percentiles table 
A) Frequency chart 
B) Statistics table 
C) Standard error chart 
D) Cumulative frequency chart 
E) Percentiles table

Question 6

A results cell refers to a random input cell

Accepted Answer

A) True 
 B)False

Question 7

RSPE is guaranteed to find the optimal solution to a simulation problem

Accepted Answer

A) True 
 B)False

Question 8

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 9

The cell that represents the output of a computer simulation is referred to as:

Accepted Answer

A) an uncertain variable cell 
B) a decision variable 
C) a results cell 
D) a statistic cell 
E) None of the above 
A) an uncertain variable cell 
B) a decision variable 
C) a results cell 
D) a statistic cell 
E) None of the above

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

The normal distribution is a good choice when all values within a range are equally likely

Accepted Answer

A) True 
 B)False

Question 12

The sensitivity chart in RSPE indicates how strongly various uncertain variable cells influence the results cell

Accepted Answer

A) True 
 B)False

Question 13

The parameter analysis report in RSPE can be used to systematically investigate a set of values for a decision variable in a simulation model

Accepted Answer

A) True 
 B)False

Question 14

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

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

The sensitivity chart conveys which of the following?

Accepted Answer

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

Question 16

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 17

Increasing the number of trials increases the accuracy of a simulation

Accepted Answer

A) True 
 B)False

Question 18

RSPE can be used to fit a discrete distribution to data

Accepted Answer

A) True 
 B)False

Question 19

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 20

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

Accepted Answer

A) True 
 B)False

The custom distribution in RSPE allows only discrete distributions to be entered

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

Which of the following provide the mean,median,standard deviation,range,etc for the results cell in RSPE?

The sensitivity chart in RSPE indicates the increase in the results cell per unit increase in the uncertain variable cell

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

A results cell refers to a random input cell

RSPE is guaranteed to find the optimal solution to a simulation problem

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

The cell that represents the output of a computer simulation is referred to as:

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

The normal distribution is a good choice when all values within a range are equally likely

The sensitivity chart in RSPE indicates how strongly various uncertain variable cells influence the results cell

The parameter analysis report in RSPE can be used to systematically investigate a set of values for a decision variable in a simulation model

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

The sensitivity chart conveys which of the following?

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

Increasing the number of trials increases the accuracy of a simulation

RSPE can be used to fit a discrete distribution to data

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

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

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

What-If Analysis for linear programming

Network optimization problems

Using binary integer programming to deal withy es-Or-No decisions

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Solution concepts for linear programming

Transportation and assignment problems

Pert CPM models for project management

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters

Exam 13: Computer simulation with risks olver platform

The custom distribution in RSPE allows only discrete distributions to be entered

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

Which of the following provide the mean,median,standard deviation,range,etc for the results cell in RSPE?

The sensitivity chart in RSPE indicates the increase in the results cell per unit increase in the uncertain variable cell

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

A results cell refers to a random input cell

RSPE is guaranteed to find the optimal solution to a simulation problem

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

The cell that represents the output of a computer simulation is referred to as:

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

The normal distribution is a good choice when all values within a range are equally likely

The sensitivity chart in RSPE indicates how strongly various uncertain variable cells influence the results cell

The parameter analysis report in RSPE can be used to systematically investigate a set of values for a decision variable in a simulation model

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

The sensitivity chart conveys which of the following?

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

Increasing the number of trials increases the accuracy of a simulation

RSPE can be used to fit a discrete distribution to data

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

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

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

What-If Analysis for linear programming

Network optimization problems

Using binary integer programming to deal withy es-Or-No decisions

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Solution concepts for linear programming

Transportation and assignment problems

Pert CPM models for project management

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters