Exam 12: Computer simulation: Basic Concepts

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How many times is David late for work because his car won't start?

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C

The main procedure for advancing the time on the simulation clock is called next-event time advance

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True

In order to generate more accurate results when using simulation:

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B

How many times is David late for work?

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

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Which of the following would not be a probable reason for choosing simulation as a decision-making tool?

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Computers can simulate years of operation in seconds

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A simulation clock keeps track of how long the simulation has run in real time

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Simulation enables a decision maker to experiment with a system and observe its behavior

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Computer simulation is a useful tool because it generates accurate information using very small samples

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

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Simulation is especially useful for situations too complex to be analyzed using analytical models

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A number is a random number between 0 and 1 if it is generated in such a way that every possible number within this interval has an equal chance of occurring

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Animation can be used to display computer simulations in action

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A simulation model is validated if it adequately depicts real system performance

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

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One key advantage of computer simulation is that is makes full use of the simplifying approximations that are available

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Simulation is basically an optimizing technique

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

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A Data Table can be used to "trick" Excel to perform many replications of a computer simulation

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