Exam 12: Computer simulation: Basic Concepts
Exam 1: Introduction24 Questions
Exam 2: Linear programming: Basic Concepts84 Questions
Exam 3: Linear programming: Formulation and applications57 Questions
Exam 4: Theart of modeling with spread sheets31 Questions
Exam 5: What-If Analysis for linear programming57 Questions
Exam 6: Network optimization problems48 Questions
Exam 7: Using binary integer programming to deal withy es-Or-No decisions28 Questions
Exam 8: Non linear programming52 Questions
Exam 9: Decision Analysis78 Questions
Exam 10: Forecasting76 Questions
Exam 11: Queuing models74 Questions
Exam 12: Computer simulation: Basic Concepts44 Questions
Exam 13: Computer simulation with risks olver platform47 Questions
Exam 14: Solution concepts for linear programming45 Questions
Exam 15: Transportation and assignment problems48 Questions
Exam 16: Pert CPM models for project management92 Questions
Exam 17: Goal programming21 Questions
Exam 18: Inventory management with known demand64 Questions
Exam 19: Inventory management with uncertain demand43 Questions
Exam 20: Computer simulation with crystal ball51 Questions
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How many times is David late for work because his car won't start?
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(Multiple Choice)
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Correct Answer:
C
The main procedure for advancing the time on the simulation clock is called next-event time advance
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(True/False)
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Correct Answer:
True
In order to generate more accurate results when using simulation:
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(Multiple Choice)
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Correct Answer:
B
The main reason that a large number of replications of a simulation would be made is:
(Multiple Choice)
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Which of the following would not be a probable reason for choosing simulation as a decision-making tool?
(Multiple Choice)
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A simulation clock keeps track of how long the simulation has run in real time
(True/False)
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Simulation enables a decision maker to experiment with a system and observe its behavior
(True/False)
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Computer simulation is a useful tool because it generates accurate information using very small samples
(True/False)
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When dealing with relatively complex systems,computer simulation is an inexpensive option for decision makers
(True/False)
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Simulation is especially useful for situations too complex to be analyzed using analytical models
(True/False)
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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
(True/False)
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A simulation model is validated if it adequately depicts real system performance
(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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One key advantage of computer simulation is that is makes full use of the simplifying approximations that are available
(True/False)
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Managers can use simulation to obtain optimal answers for a wide range of problems
(True/False)
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A Data Table can be used to "trick" Excel to perform many replications of a computer simulation
(True/False)
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