Question 1

Which of the following is NOT a continuous distribution?

Accepted Answer

A)  Normal distribution 
B)  Triangular distribution 
C)  Lognormal distribution 
D)  Integer uniform distribution 
E)  Exponential distribution 
A)  Normal distribution 
B)  Triangular distribution 
C)  Lognormal distribution 
D)  Integer uniform distribution 
E)  Exponential distribution

Question 2

The triangular distribution is always a symmetric distribution.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is a random input cell in RSPE?

Accepted Answer

A)  An uncertain variable cell. 
B)  A decision variable. 
C)  A results cell. 
D)  A statistic cell. 
E)  None of the answer choices is correct. 
A)  An uncertain variable cell. 
B)  A decision variable. 
C)  A results cell. 
D)  A statistic cell. 
E)  None of the answer choices is correct.

Question 4

Which of the following distributions has a fixed minimum and maximum?
I. Normal distribution
II. Triangular distribution
III. Lognormal distribution
IV. Exponential distribution

Accepted Answer

A)  I only 
B)  II only 
C)  III only 
D)  IV only 
E)  Only I and II 
A)  I only 
B)  II only 
C)  III only 
D)  IV only 
E)  Only I and II

Question 5

Computer simulations of project management problems often use a triangular distribution to represent the task durations in a project management problem.

Accepted Answer

A) True 
 B)False

Question 6

The binomial distribution describes the number of times an event occurs in a fixed number of trials.

Accepted Answer

A) True 
 B)False

Question 7

The use of different hotel rates for different classes of customers is known as revenue management.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not a characteristic of the uniform distribution?

Accepted Answer

A)  It has a fixed minimum value 
B)  It has a fixed maximum value 
C)  Some value is the most likely 
D)  All of the answers choices are characteristic of the uniform distribution. 
E)  None of the answers choices is characteristic of the uniform distribution. 
A)  It has a fixed minimum value 
B)  It has a fixed maximum value 
C)  Some value is the most likely 
D)  All of the answers choices are characteristic of the uniform distribution. 
E)  None of the answers choices is characteristic of the uniform distribution.

Question 9

The sensitivity chart conveys which of the following?

Accepted Answer

A)  The relative frequency of various results cell values 
B)  The increase in profit per unit increase in an uncertain variable cell 
C)  It indicates how strongly various uncertain variable cells influence the results cell 
D)  The mean profit 
E)  None of the answer choices is correct. 
A)  The relative frequency of various results cell values 
B)  The increase in profit per unit increase in an uncertain variable cell 
C)  It indicates how strongly various uncertain variable cells influence the results cell 
D)  The mean profit 
E)  None of the answer choices is correct.

Question 10

The custom distribution in RSPE allows only discrete distributions to be entered.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is NOT a central-tendency distribution?

Accepted Answer

A)  Normal distribution 
B)  Triangular distribution 
C)  Lognormal distribution 
D)  Uniform distribution 
E)  Exponential distribution 
A)  Normal distribution 
B)  Triangular distribution 
C)  Lognormal distribution 
D)  Uniform distribution 
E)  Exponential distribution

Question 12

The distribution used for the uncertain variable cells is one of the options to be set in the Simulation Options in RSPE.

Accepted Answer

A) True 
 B)False

Question 13

When applying simulation to an inventory problem, which of the following is the most appropriate choice for the results cell?

Accepted Answer

A)  The total profit 
B)  The holding cost per unit 
C)  The demand 
D)  All of the answers choices are correct. 
E)  None of the answer choices is correct. 
A)  The total profit 
B)  The holding cost per unit 
C)  The demand 
D)  All of the answers choices are correct. 
E)  None of the answer choices is correct.

Question 14

Which of the following distributions is positively skewed?
I. Normal distribution
II. Uniform distribution
III. Lognormal distribution
IV. Exponential distribution

Accepted Answer

A)  I only 
B)  II only 
C)  III only 
D)  IV only 
E)  Only III and IV 
A)  I only 
B)  II only 
C)  III only 
D)  IV only 
E)  Only III and IV

Question 15

Which of the following charts shows a histogram giving the relative frequency of the various output values in the forecast cell?

Accepted Answer

A)  Frequency chart 
B)  Statistics table 
C)  Percentiles table 
D)  Cumulative frequency chart 
E)  Reverse cumulative chart 
A)  Frequency chart 
B)  Statistics table 
C)  Percentiles table 
D)  Cumulative frequency chart 
E)  Reverse cumulative chart

Question 16

The exponential distribution is widely used to describe the time between random events.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following distributions has a fixed minimum and maximum?
I. Normal distribution
II. Uniform distribution
III. Lognormal distribution
IV. Exponential distribution

Accepted Answer

A)  I only 
B)  II only 
C)  III only 
D)  IV only 
E)  Only I and II 
A)  I only 
B)  II only 
C)  III only 
D)  IV only 
E)  Only I and II

Question 18

A results cell refers to a random input cell.

Accepted Answer

A) True 
 B)False

Question 19

The RSPE Solver can be used to simultaneously optimize up to how many decision variables?

Accepted Answer

A)  1 
B)  2 
C)  3 
D)  4 
E)  Many decision variables can be optimized simultaneously. 
A)  1 
B)  2 
C)  3 
D)  4 
E)  Many decision variables can be optimized simultaneously.

Question 20

Which of the following is a discrete distribution?

Accepted Answer

A)  Normal distribution 
B)  Triangular distribution 
C)  Lognormal distribution 
D)  Integer uniform distribution 
E)  Exponential distribution 
A)  Normal distribution 
B)  Triangular distribution 
C)  Lognormal distribution 
D)  Integer uniform distribution 
E)  Exponential distribution

Which of the following is NOT a continuous distribution?

The triangular distribution is always a symmetric distribution.

Which of the following is a random input cell in RSPE?

Which of the following distributions has a fixed minimum and maximum? I. Normal distribution II. Triangular distribution III. Lognormal distribution IV. Exponential distribution

Computer simulations of project management problems often use a triangular distribution to represent the task durations in a project management problem.

The binomial distribution describes the number of times an event occurs in a fixed number of trials.

The use of different hotel rates for different classes of customers is known as revenue management.

Which of the following is not a characteristic of the uniform distribution?

The sensitivity chart conveys which of the following?

The custom distribution in RSPE allows only discrete distributions to be entered.

Which of the following is NOT a central-tendency distribution?

The distribution used for the uncertain variable cells is one of the options to be set in the Simulation Options in RSPE.

When applying simulation to an inventory problem, which of the following is the most appropriate choice for the results cell?

Which of the following distributions is positively skewed? I. Normal distribution II. Uniform distribution III. Lognormal distribution IV. Exponential distribution

Which of the following charts shows a histogram giving the relative frequency of the various output values in the forecast cell?

The exponential distribution is widely used to describe the time between random events.

Which of the following distributions has a fixed minimum and maximum? I. Normal distribution II. Uniform distribution III. Lognormal distribution IV. Exponential distribution

A results cell refers to a random input cell.

The RSPE Solver can be used to simultaneously optimize up to how many decision variables?

Which of the following is a discrete distribution?

Introduction

Linear Programming: Basic Concepts

Linear Programming: Formulation and Applications

The Art of Modeling With Spreadsheets

What-If Analysis for Linear Programming

Network Optimization Problems

Using Binary Integer Programming to Deal With Yes-Or-No Decisions

Nonlinear Programming

Decision Analysis

Forecasting

Queueing Models

Computer Simulation: Basic Concepts

Filters

Exam 13: Computer Simulation With Analytic Solver

Which of the following is NOT a continuous distribution?

The triangular distribution is always a symmetric distribution.

Which of the following is a random input cell in RSPE?

Which of the following distributions has a fixed minimum and maximum? I. Normal distribution II. Triangular distribution III. Lognormal distribution IV. Exponential distribution

Computer simulations of project management problems often use a triangular distribution to represent the task durations in a project management problem.

The binomial distribution describes the number of times an event occurs in a fixed number of trials.

The use of different hotel rates for different classes of customers is known as revenue management.

Which of the following is not a characteristic of the uniform distribution?

The sensitivity chart conveys which of the following?

The custom distribution in RSPE allows only discrete distributions to be entered.

Which of the following is NOT a central-tendency distribution?

The distribution used for the uncertain variable cells is one of the options to be set in the Simulation Options in RSPE.

When applying simulation to an inventory problem, which of the following is the most appropriate choice for the results cell?

Which of the following distributions is positively skewed? I. Normal distribution II. Uniform distribution III. Lognormal distribution IV. Exponential distribution

Which of the following charts shows a histogram giving the relative frequency of the various output values in the forecast cell?

The exponential distribution is widely used to describe the time between random events.

Which of the following distributions has a fixed minimum and maximum? I. Normal distribution II. Uniform distribution III. Lognormal distribution IV. Exponential distribution

A results cell refers to a random input cell.

The RSPE Solver can be used to simultaneously optimize up to how many decision variables?

Which of the following is a discrete distribution?

Introduction

Linear Programming: Basic Concepts

Linear Programming: Formulation and Applications

The Art of Modeling With Spreadsheets

What-If Analysis for Linear Programming

Network Optimization Problems

Using Binary Integer Programming to Deal With Yes-Or-No Decisions

Nonlinear Programming

Decision Analysis

Forecasting

Queueing Models

Computer Simulation: Basic Concepts

Filters