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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________ is a technique for selecting numbers randomly from a probability distribution.
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The use of simulation to determine the impact of projects such as nuclear power plants, reservoirs and dams is known as
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A graduate research assistant "moonlights" at the short order counter in the student union snack bar in the evenings. He is considering asking for help taking orders, but needs to convince the management that they should hire another student. Because he is taking a simulation class, he thinks it may be the perfect way to convince management to hire more help if he can show that customers have to wait a long time. When a customer arrives, he takes their order and their payment, prepares the food, gives it to the customer, and then takes the order from the next person in line. If someone arrives while he's cooking an order, they have to wait until he's completed the current order. He has simulated 5 orders.
Customer Number Time of Arrival Time Order Taken Order Prep Time Customer Receives Food Customer Wait Time 1 2 2 4 6 0 2 14 14 7 3 19 6 4 28 8 5 33 4
-Average customer waiting time is:
(Multiple Choice)
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Consider the following frequency of demand and random numbers:
Relative Demand Frequency 0 0.15 1 0.30 2 0.25 3 0.15 4 0.15 Random numbers: 0.13, 0.81, 0.53.
-If the simulation begins with the first random number, the simulated value for demand would be:
(Multiple Choice)
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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
-What is the probability that there are more than 3 breakdowns?
(Multiple Choice)
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Developing the ________ probability distribution helps to determine random number ranges.
(Short Answer)
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A graduate research assistant "moonlights" at the short order counter in the student union snack bar in the evenings. He is considering asking for help taking orders, but needs to convince the management that they should hire another student. Because he is taking a simulation class, he thinks it may be the perfect way to convince management to hire more help if he can show that customers have to wait a long time. When a customer arrives, he takes their order and their payment, prepares the food, gives it to the customer, and then takes the order from the next person in line. If someone arrives while he's cooking an order, they have to wait until he's completed the current order. He is working on the simulation and a portion is shown below.
-Complete the table and determine the average customer waiting time and the utilization of the cook.
Customer Number Time of Arrival Time Order Taken Order Prep Time Customer Receives Food Customer Wait Time Cook "Idle" TIme 1 2 2 4 6 0 2 2 14 14 7 3 19 6 4 28 8 5 33 4
Complete the table and determine the average customer waiting time and the utilization of the cook.
(Essay)
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Monte Carlo is a technique for selecting numbers randomly from a probability distribution.
(True/False)
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Cumulative probabilities are analogous to the discrete ranges of random numbers used in the Monte Carlo process.
(True/False)
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After plowing through contracts for a decade, the contract writer knew about how long it took to crank out the material necessary to satisfy a contract's requirements. The distribution could be modeled using the data provided in this table.
Number of Weeks Random Number Range 2 0-5 3 6-15 4 16-35 5 36-80 6 81-99
-If each contract is worth $5000 but it costs $300 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94 to represent contract durations?
(Essay)
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After plowing through contracts for a decade, the contract writer knew about how long it took to crank out the material necessary to satisfy a contract's requirements. The distribution could be modeled using the data provided in this table.
Number of Weeks Random Number Range 2 0-5 3 6-15 4 16-35 5 36-80 6 81-99
-If each contract is worth $4000 but it costs $200 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94?
(Essay)
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Which of the following would not be considered a limitation of simulation modeling?
(Multiple Choice)
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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
-Determine the drying time for these 5 random numbers: 0.53, 0.95, 0.97, 0.96, and 0.07.
(Essay)
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Random numbers generated by a ________ process instead of a ________ process are pseudorandom numbers.
(Multiple Choice)
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Consider the following frequency of demand and random numbers:
Relative Demand Frequency 0 0.15 1 0.30 2 0.25 3 0.15 4 0.15 Random numbers: 0.13, 0.81, 0.53.
-If the simulation begins with the third random number, the simulated value for demand would be:
(Multiple Choice)
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