Question 1

Simulation can use any probability distribution that the user defines.

Accepted Answer

A) True 
 B)False  True

Question 2

A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time.In preparing this distribution for Monte Carlo analysis,the service time 13 minutes would be represented by what random number range?

Accepted Answer

A) 00 through 29 
B) 01 through 30 
C) 30 through 99 
D) 31 through 00 
E) None of these; 13 minutes is not a possible outcome. 
A) 00 through 29 
B) 01 through 30 
C) 30 through 99 
D) 31 through 00 
E) None of these; 13 minutes is not a possible outcome. E

Question 3

The numbers used to represent each possible value or outcome in a computer simulation are referred to as ________.

Accepted Answer

random-number intervals

Question 4

Explain the difference between random numbers and random number intervals.

Accepted Answer

Random numbers are a series of digits th

Question 5

One of the disadvantages of simulation is that it:

Accepted Answer

A) does not allow for very complex problem solutions. 
B) produces solutions and inferences that are not usually transferable to other problems. 
C) time compression may occur. 
D) is very limited in the type of probability distributions that can be used. 
E) interferes with the production system while the program is being run. 
A) does not allow for very complex problem solutions. 
B) produces solutions and inferences that are not usually transferable to other problems. 
C) time compression may occur. 
D) is very limited in the type of probability distributions that can be used. 
E) interferes with the production system while the program is being run.

Question 6

A distribution of service times at a waiting line shows that service takes 6 minutes 30 percent of the time,7 minutes 40 percent of the time,8 minutes 20 percent of the time,and 9 minutes 10 percent of the time.This distribution has been prepared for Monte Carlo analysis.The first two random numbers drawn are 53 and 74.The simulated service times are ________ minutes,then ________ minutes.

Accepted Answer

A) 6; 7 
B) 7; 7 
C) 7; 8 
D) 8; 9 
E) Cannot determine because no service time probability is that large. 
A) 6; 7 
B) 7; 7 
C) 7; 8 
D) 8; 9 
E) Cannot determine because no service time probability is that large.

Question 7

Similar to mathematical and analytical models,simulation is restricted to using the standard probability distributions.

Accepted Answer

A) True 
 B)False

Question 8

The seven steps in the use of simulation include all EXCEPT which of the following?

Accepted Answer

A) Define the problem. 
B) Construct a numerical model. 
C) Introduce important variables associated with the problem. 
D) Find the optimal solution. 
E) Run the experiment. 
A) Define the problem. 
B) Construct a numerical model. 
C) Introduce important variables associated with the problem. 
D) Find the optimal solution. 
E) Run the experiment.

Question 9

The effects of operations management policies over many months or years can be obtained by computer simulation in a short time.What is this phenomenon called?

Accepted Answer

A) time suppression 
B) time suspension 
C) time compression 
D) time inversion 
E) time conversion 
A) time suppression 
B) time suspension 
C) time compression 
D) time inversion 
E) time conversion

Question 10

Simulation models that are based on the generation of random numbers may fail to give the same solution in repeated use to any particular problem.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements regarding simulation is TRUE?

Accepted Answer

A) Large-scale simulation models are virtually all handled by computer. 
B) Simulation has numerous areas of application in operations. 
C) Simulation attempts to duplicate a real system. 
D) The process of simulation involves seven steps. 
E) All of these are true. 
A) Large-scale simulation models are virtually all handled by computer. 
B) Simulation has numerous areas of application in operations. 
C) Simulation attempts to duplicate a real system. 
D) The process of simulation involves seven steps. 
E) All of these are true.

Question 12

Identify the seven steps involved in using simulation.

Accepted Answer

1.Define the problem. 2.Introduce the im

Question 13

Identify five applications of simulation.

Accepted Answer

The five applications of simulation can

Question 14

Identify,in order,the five steps required to implement the Monte Carlo simulation technique.

Accepted Answer

(1)Setting up a probability distribution

Question 15

State the three-fold idea behind simulation.

Accepted Answer

(1)to imitate a real-world situation mat

Question 16

Explain what is meant by the statement: "simulation is not limited to using the standard probability distributions."

Accepted Answer

"Standard models" include normal,binomia

Question 17

A(n)________ is the accumulation of individual probabilities of a distribution.

Accepted Answer

cumulative

Question 18

Complete the following table in preparation for a Monte Carlo simulation.

Accepted Answer

The answer of Complete the following table in preparation for...

Question 19

Julie's Diamond Boutique is very concerned with its order policies related to one-carat diamond solitaires.Their current policy is to order 10 diamonds whenever their inventory reaches 6 diamonds (unless there is already an ordered delivery due).Currently there are 8 diamonds on hand.Orders are placed at the end of the month and take one month to arrive .The following distribution of monthly sales has been developed using historical sales.If Julie's Diamond Boutique does not have a diamond on hand,it will result in a lost sale.Use the following random numbers to determine the number of lost sales of one-carat solitaires at the store over 12 months.
   Random numbers for sales: 10,24,03,32,23,59,95,34,34,51,08,48

Accepted Answer

@#IMG-DLM& @#IMG-DLM& Over the

Question 20

Which of the following is TRUE regarding the use of simulation?

Accepted Answer

A) It is always very easy to build a simulation model. 
B) It may interfere with real-world systems. 
C) It always yields optimal solutions. 
D) It allows time-compression in testing major policy decisions. 
E) Few constraints,if any,have to be considered. 
A) It is always very easy to build a simulation model. 
B) It may interfere with real-world systems. 
C) It always yields optimal solutions. 
D) It allows time-compression in testing major policy decisions. 
E) Few constraints,if any,have to be considered.

Exam 27: Simulation

Simulation can use any probability distribution that the user defines.

A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time.In preparing this distribution for Monte Carlo analysis,the service time 13 minutes would be represented by what random number range?

The numbers used to represent each possible value or outcome in a computer simulation are referred to as ________.

Explain the difference between random numbers and random number intervals.

One of the disadvantages of simulation is that it:

Similar to mathematical and analytical models,simulation is restricted to using the standard probability distributions.

The seven steps in the use of simulation include all EXCEPT which of the following?

The effects of operations management policies over many months or years can be obtained by computer simulation in a short time.What is this phenomenon called?

Simulation models that are based on the generation of random numbers may fail to give the same solution in repeated use to any particular problem.

Which of the following statements regarding simulation is TRUE?

Identify the seven steps involved in using simulation.

Identify five applications of simulation.

Identify,in order,the five steps required to implement the Monte Carlo simulation technique.

State the three-fold idea behind simulation.

Explain what is meant by the statement: "simulation is not limited to using the standard probability distributions."

A(n)________ is the accumulation of individual probabilities of a distribution.

Complete the following table in preparation for a Monte Carlo simulation.

Which of the following is TRUE regarding the use of simulation?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Capacity and Constraint Management

Location Strategies

Layout Strategies

Human Resources, job Design, and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand Erp

Short-Term Scheduling

Jit, tps, and Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

Statistical Process Control

Supply Chain Management Analytics

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Filters