Exam 14: Simulation
Exam 1: Management Science121 Questions
Exam 2: Linear Programming: Model Formulation and Graphical Solution122 Questions
Exam 3: Linear Programming: Computer Solution and Sensitivity Analysis95 Questions
Exam 4: Linear Programming: Modeling Examples90 Questions
Exam 5: Integer Programming107 Questions
Exam 6: Transportation, Transshipment, and Assignment Problems98 Questions
Exam 7: Network Flow Models104 Questions
Exam 8: Project Management116 Questions
Exam 9: Multicriteria Decision Making103 Questions
Exam 10: Nonlinear Programming72 Questions
Exam 11: Probability and Statistics152 Questions
Exam 12: Decision Analysis122 Questions
Exam 13: Queuing Analysis123 Questions
Exam 14: Simulation100 Questions
Exam 15: Forecasting133 Questions
Exam 16: Inventory Management157 Questions
Exam 17: the Simplex Solution Method90 Questions
Exam 18: Transportation and Assignment Solution Methods86 Questions
Exam 19: Integer Programming: the Branch and Bound Method63 Questions
Exam 20: Nonlinear Programming: Solution Techniques55 Questions
Exam 21: Game Theory64 Questions
Exam 22: Markov Analysis64 Questions
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The drying rate in an industrial process is dependent on many factors and varies according to the following distribution. Relative Minutes Frequency 3 0.22 4 0.36 5 0.28 6 0.10 7 0.04
Compute the mean drying time.
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(Short Answer)
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Correct Answer:
4.38
The Monte Carlo process is analogous to and derives its name from ________.
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(Short Answer)
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gambling devices
Simulation does not usually provide recommended decisions. Instead it provides
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(Multiple Choice)
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Correct Answer:
A
A bakery is considering hiring another clerk to better serve customers. To help with this decision, records were kept to determine how many customers arrived in 10-minute intervals. Based on 100 10-minute intervals, the following probability distribution and random number assignments developed.
Number of Arrivals Probability Random numbers 6 .1 .01-.10 7 .3 .11-.40 8 .3 .41-.70 9 .2 .71-.90 10 .1 .91-.00
-Suppose the next three random numbers were .11, .42 and .84. Use these values to simulate arrivals into the bakery and determine the average number of arrivals per 10-minute period based on these occurrences. The average number of arrivals per 10-minute period is:
(Multiple Choice)
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Random numbers of a mathematical process instead of a physical process are ________ numbers.
(Short Answer)
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The number of cars arriving at Joe Kelly's oil change and tune-up place during the last 200 hours of operation is observed to be the following: Number of Cars Arriving Frequency 3 or less 0 4 10 10 30 6 70 7 50 8 40 9 or more 0
Determine the probability distribution of car arrivals.
(Essay)
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Sometimes manual simulation of several trials is ________ way to validate a simulation.
(Multiple Choice)
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________ is a technique for selecting numbers randomly from a probability distribution.
(Multiple Choice)
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In the Monte Carlo process, values for a random variable are generated by sampling from a(n) ________.
(Short Answer)
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Applications of simulation models reflecting continuous distributions are more common than those of models employing discrete distributions.
(True/False)
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An answering service for a doctor's office wants to evaluate the service by simulation calls. They used past data to determine the distributions for the time between calls and the time spent on the phone with patients.
Use the table below to manually simulate 8 calls. The time of the call and the service time have already been determined.
Customer Number Time of Call Time call answered Service Time Time call ends Customer Wait Time Operator Wait Time 1 15 15 25 40 0 15 2 45 45 25 70 0 5 3 70 15 4 95 45 5 125 15 155 6 150 35 7 175 190 25 15 0 8 205 25 240 10 0
Calculate the average waiting time per customer.
Calculate the utilization of the operator.
(Essay)
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Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20.
No. of breakdowns per week Probability Cumulative probability 0 .10 .10 1 .25 .35 2 .36 .71 3 .22 .93 4 .07 1.00
-Construct a 95% confidence interval for the average number of machine breakdowns.
(Multiple Choice)
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A table of random numbers must be ________ distributed, efficiently generated, and absent of patterns.
(Short Answer)
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The U.S. Department of Agriculture estimates that the yearly yield of limes per acre is distributed as follows:
Yield, bushels per acre Probability 350 .10 400 .18 450 .50 500 .22 The estimated average price per bushel is $16.80.
-What is the expected yield of the crop?
(Multiple Choice)
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A 95% confidence interval is (54.5, 57.5) based on a sample size of 25. What is the sample standard deviation?
(Multiple Choice)
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In order to determine the value of discrete demand in a simulation model using Excel, the ________ function is used to associate a specific value of demand with a random number.
(Short Answer)
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________ are the values that express the state of the system being modeled at the beginning of the Monte Carlo simulation.
(Multiple Choice)
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In a continuous probability function, the area under the curve represents the probability of occurrence of the random variable.
(True/False)
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Analogue simulation replaces a physical system with an analogous physical system that is ________ to manipulate.
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