Question 1

Simulation models manually generate specific values for the random variables so that the values used reflect what we might observe in practice.

Accepted Answer

A) True 
 B)False  False

Question 2

A quantity that is difficult to measure with certainty is called a

Accepted Answer

A) risk analysis. 
B) project determinant. 
C) probabilistic input. 
D) profit/loss process. 
A) risk analysis. 
B) project determinant. 
C) probabilistic input. 
D) profit/loss process. C

Question 3

Using simulation models,we are able to explore the sensitivity of various decisions to some of the model's

Accepted Answer

A) parameters. 
B) optimizations. 
C) uncontrollable input. 
D) None of these are correct. 
A) parameters. 
B) optimizations. 
C) uncontrollable input. 
D) None of these are correct. A

Question 4

A discrete-event simulation reviews the status of the system periodically,whether or not an event occurs.

Accepted Answer

A) True 
 B)False

Question 5

The process of generating probabilistic inputs and computing the value of the output is called

Accepted Answer

A) simulation. 
B) verification. 
C) validation. 
D) implementation. 
A) simulation. 
B) verification. 
C) validation. 
D) implementation.

Question 6

Values for the random variables or uncertain variable inputs to a simulation are

Accepted Answer

A) selected by the decision maker. 
B) controlled by the decision maker. 
C) randomly generated from the specified probability distributions. 
D) calculated by fixed mathematical formulas. 
A) selected by the decision maker. 
B) controlled by the decision maker. 
C) randomly generated from the specified probability distributions. 
D) calculated by fixed mathematical formulas.

Question 7

One disadvantage of simulation is that it is limited in the variety of probability distributions that can be used in modeling a system.

Accepted Answer

A) True 
 B)False

Question 8

In order to verify a simulation model,

Accepted Answer

A) compare results from several simulation languages. 
B) be sure that the procedures for calculations are logically correct. 
C) confirm that the model accurately represents the real system. 
D) run the model long enough to overcome initial start-up results. 
A) compare results from several simulation languages. 
B) be sure that the procedures for calculations are logically correct. 
C) confirm that the model accurately represents the real system. 
D) run the model long enough to overcome initial start-up results.

Question 9

Simulation analysis requires a model foundation of logical formulas that correctly express the relationships between parameters and decisions to generate outputs of interest.

Accepted Answer

A) True 
 B)False

Question 10

Three airlines compete on the route between New York and Los Angeles.Stanton Marketing has performed an analysis of first class business travelers to determine their airline choice.Stanton has modeled this choice as a Markov process and has determined the following transition probabilities:   ​

Accepted Answer

The answer of Three airlines compete on the route between...

Question 11

Which of the following statements is true regarding the advantages of using simulations?

Accepted Answer

A) Its methodology can be used to model and learn about the behavior of complex systems. 
B) Simulations do not guarantee an optimal solution. 
C) Simulation models can be used to describe systems without requiring the assumptions often required by mathematical models. 
D) All of these are correct. 
A) Its methodology can be used to model and learn about the behavior of complex systems. 
B) Simulations do not guarantee an optimal solution. 
C) Simulation models can be used to describe systems without requiring the assumptions often required by mathematical models. 
D) All of these are correct.

Question 12

The following relationship is valid for any waiting line system: the average number in the waiting line is equal to the total waiting time divided by the total time of simulation.

Accepted Answer

A) True 
 B)False

Question 13

Computer-generated random numbers are not technically random,because they are generated through the use of mathematical formulas.

Accepted Answer

A) True 
 B)False

Question 14

Verification is the process of ensuring that the simulation model provides an accurate representation of the real system.

Accepted Answer

A) True 
 B)False

Question 15

Using simulation to perform risk analysis is like playing out many what-if scenarios by randomly generating values for the probabilistic inputs.

Accepted Answer

A) True 
 B)False

Question 16

The process of determining that the computer procedure that performs the simulation calculations is logically correct is called

Accepted Answer

A) implementation. 
B) validation. 
C) verification. 
D) repetition. 
A) implementation. 
B) validation. 
C) verification. 
D) repetition.

Question 17

On a visit to an amusement park,you pass someone who has just ridden a roller coaster and asks you for directions to the First Aid Station.Realizing that traffic at the First Aid Station would be something to study with simulation,you gather some information.Two EMTs staff the station,and patients wait and go to the first one available.People coming there can be divided into two groups: those who need something minor (e.g.,Tylenol,a Band-Aid)or those who need more help.​
Assume those in the first group constitute 25% of the patients and take five minutes to have their problem solved.Those in the second group need an uncertain amount of time,as given by a probability distribution.Develop a flowchart for this simulation problem.

Accepted Answer

The answer of On a visit to an amusement park,you...

Question 18

A graphical tool that helps describe the logic of the simulation model is a

Accepted Answer

A) Gantt chart. 
B) histogram. 
C) flowchart. 
D) stem-and-leaf display. 
A) Gantt chart. 
B) histogram. 
C) flowchart. 
D) stem-and-leaf display.

Question 19

Susan Winslow has two alternative routes to travel from her home in Olport to her office in Lewisburg.She can travel on Freeway 5 to Freeway 57 or on Freeway 55 to Freeway 91.The time distributions are as follows:   ​
Do a five-day simulation of each of the two combinations of routes using the random numbers below.Based on this simulation,which routes should Susan take if her objective is to minimize her total travel time?

Accepted Answer

Freeways 5 and 57 ha

Question 20

When events occur at discrete points in time,

Accepted Answer

A) a simulation clock is required. 
B) the simulation advances to the next event. 
C) the model is a discrete-event simulation. 
D) All of these are correct. 
A) a simulation clock is required. 
B) the simulation advances to the next event. 
C) the model is a discrete-event simulation. 
D) All of these are correct.

Simulation models manually generate specific values for the random variables so that the values used reflect what we might observe in practice.

A quantity that is difficult to measure with certainty is called a

Using simulation models,we are able to explore the sensitivity of various decisions to some of the model's

A discrete-event simulation reviews the status of the system periodically,whether or not an event occurs.

The process of generating probabilistic inputs and computing the value of the output is called

Values for the random variables or uncertain variable inputs to a simulation are

One disadvantage of simulation is that it is limited in the variety of probability distributions that can be used in modeling a system.

In order to verify a simulation model,

Simulation analysis requires a model foundation of logical formulas that correctly express the relationships between parameters and decisions to generate outputs of interest.

Three airlines compete on the route between New York and Los Angeles.Stanton Marketing has performed an analysis of first class business travelers to determine their airline choice.Stanton has modeled this choice as a Markov process and has determined the following transition probabilities:

Which of the following statements is true regarding the advantages of using simulations?

The following relationship is valid for any waiting line system: the average number in the waiting line is equal to the total waiting time divided by the total time of simulation.

Computer-generated random numbers are not technically random,because they are generated through the use of mathematical formulas.

Verification is the process of ensuring that the simulation model provides an accurate representation of the real system.

Using simulation to perform risk analysis is like playing out many what-if scenarios by randomly generating values for the probabilistic inputs.

The process of determining that the computer procedure that performs the simulation calculations is logically correct is called

A graphical tool that helps describe the logic of the simulation model is a

When events occur at discrete points in time,

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, finance, and OM

Advanced Linear Programming Applications

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Decision Analysis

Multicriteria Decisions

Time Series Analysis and Forecasting

Markov Processes

Linear Programming: Simplex Method

Simplex-Based Sensitivity Analysis and Duality

Solution Procedures for Transportation and Assignment Problems

Minimal Spanning Tree

Dynamic Programming

Filters

Exam 12: Simulation

Simulation models manually generate specific values for the random variables so that the values used reflect what we might observe in practice.

A quantity that is difficult to measure with certainty is called a

Using simulation models,we are able to explore the sensitivity of various decisions to some of the model's

A discrete-event simulation reviews the status of the system periodically,whether or not an event occurs.

The process of generating probabilistic inputs and computing the value of the output is called

Values for the random variables or uncertain variable inputs to a simulation are

One disadvantage of simulation is that it is limited in the variety of probability distributions that can be used in modeling a system.

In order to verify a simulation model,

Simulation analysis requires a model foundation of logical formulas that correctly express the relationships between parameters and decisions to generate outputs of interest.

Three airlines compete on the route between New York and Los Angeles.Stanton Marketing has performed an analysis of first class business travelers to determine their airline choice.Stanton has modeled this choice as a Markov process and has determined the following transition probabilities: ​

Which of the following statements is true regarding the advantages of using simulations?

The following relationship is valid for any waiting line system: the average number in the waiting line is equal to the total waiting time divided by the total time of simulation.

Computer-generated random numbers are not technically random,because they are generated through the use of mathematical formulas.

Verification is the process of ensuring that the simulation model provides an accurate representation of the real system.

Using simulation to perform risk analysis is like playing out many what-if scenarios by randomly generating values for the probabilistic inputs.

The process of determining that the computer procedure that performs the simulation calculations is logically correct is called

A graphical tool that helps describe the logic of the simulation model is a

When events occur at discrete points in time,

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, finance, and OM

Advanced Linear Programming Applications

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Decision Analysis

Multicriteria Decisions

Time Series Analysis and Forecasting

Markov Processes

Linear Programming: Simplex Method

Simplex-Based Sensitivity Analysis and Duality

Solution Procedures for Transportation and Assignment Problems

Minimal Spanning Tree

Dynamic Programming

Filters

Three airlines compete on the route between New York and Los Angeles.Stanton Marketing has performed an analysis of first class business travelers to determine their airline choice.Stanton has modeled this choice as a Markov process and has determined the following transition probabilities: