Question 1

Simulation is the process of reproducing the behavior of a system using a model that describes the processes of the system.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following statements about SimQuick is TRUE?

Accepted Answer

A) SimQuick requires some knowledge of programming languages,such as VISUAL BASIC or C++. 
B) SimQuick can be used to simulate the flow of materials,but cannot be used to study the process flows that involve people or information. 
C) SimQuick is an easy-to-use package that is simply an Excel spreadsheet with some macros. 
D) The primary disadvantage of SimQuick is that it is more costly and more difficult to set up when compared to other models,such as SIMPROCESS and ProModel. 
A) SimQuick requires some knowledge of programming languages,such as VISUAL BASIC or C++. 
B) SimQuick can be used to simulate the flow of materials,but cannot be used to study the process flows that involve people or information. 
C) SimQuick is an easy-to-use package that is simply an Excel spreadsheet with some macros. 
D) The primary disadvantage of SimQuick is that it is more costly and more difficult to set up when compared to other models,such as SIMPROCESS and ProModel.

Question 3

The arrival of customers at a lemonade stand is modeled in SimQuick using a(n):

Accepted Answer

A) entrance block. 
B) buffer block. 
C) workstation block. 
D) decision point. 
A) entrance block. 
B) buffer block. 
C) workstation block. 
D) decision point.

Question 4

Describe a general procedure for generating normally distributed random numbers with a mean of 450 and standard deviation of 50 using Excel functions.

Accepted Answer

Use the RAND()function to generate rando

Question 5

To generate 100 random numbers in an Excel simulation,the "=RAND()" function is first typed into the A1 cell on an Excel spreadsheet.A1 can then be copied and pasted in a rectangular area on the spreadsheet to cover the cells:

Accepted Answer

A) A1:E5. 
B) A1:H12. 
C) A1:J10. 
D) A1:E22. 
A) A1:E5. 
B) A1:H12. 
C) A1:J10. 
D) A1:E22.

Question 6

If the difference in results between different simulation runs results in a mathematical difference in system performance,the difference is said to be ________.

Accepted Answer

statistica

Question 7

If the data needed to set up a simulation are available in company records,the technique used to obtain them is called ________.

Accepted Answer

The answer of If the data needed to set up...

Question 8

A simulation model:

Accepted Answer

A) describes operating characteristics with known equations. 
B) replicates the service of customers and keeps track of characteristics such as the number in line,the waiting time,and the total time in the system. 
C) prescribes what should be done in a situation. 
D) finds the optimal solution to a problem without having to try each alternative. 
A) describes operating characteristics with known equations. 
B) replicates the service of customers and keeps track of characteristics such as the number in line,the waiting time,and the total time in the system. 
C) prescribes what should be done in a situation. 
D) finds the optimal solution to a problem without having to try each alternative.

Question 9

In Excel,typing the function ________ will generate random numbers within the interval 0 to 1.

Accepted Answer

The answer of In Excel,typing the function ________ will generate...

Question 10

Which one of the following relationships is CORRRECT?

Accepted Answer

A) Decision variables reflect the value of uncontrollable variables. 
B) Dependent variables reflect the value of decision and uncontrollable variables. 
C) Uncontrollable variables reflect the value of decision variables. 
D) Uncontrollable variables reflect the values of dependent variables. 
A) Decision variables reflect the value of uncontrollable variables. 
B) Dependent variables reflect the value of decision and uncontrollable variables. 
C) Uncontrollable variables reflect the value of decision variables. 
D) Uncontrollable variables reflect the values of dependent variables.

Question 11

Which one of the following statements regarding simulation analysis is FALSE?

Accepted Answer

A) Simulation analysis is a form of hypothesis testing. 
B) In simulation,dependent variables reflect the values of both the decision variables and the uncontrollable variables. 
C) Statistical methods require the replication of simulation runs. 
D) Each time a simulation model is run for a given set of decision variables,the same random numbers must be used. 
A) Simulation analysis is a form of hypothesis testing. 
B) In simulation,dependent variables reflect the values of both the decision variables and the uncontrollable variables. 
C) Statistical methods require the replication of simulation runs. 
D) Each time a simulation model is run for a given set of decision variables,the same random numbers must be used.

Question 12

In Excel,the RAND()function generates either a 0 or a 1,purely at random.

Accepted Answer

A) True 
 B)False

Question 13

Big Bills McGee carries no paper money less than $10 in his wallet,preferring to have a ready supply of $10,$20,$50,and $100 denominations at all times.He is concerned about pickpockets and has an amusing anecdote about thwarting a pickpocket on the Athens subway he likes to tell.His business associate conducts a Monte Carlo simulation for Big Bills using POM for Windows software and prints out the results copied below.Using this output,provide your interpretation for Big Bills pickpocket scenario.

Accepted Answer

The four denominations of bills are show

Question 14

This table shows the distribution of grades in an operations management class.   Add a column to the table that shows the cumulative probability and indicate what letter grade is obtained when the RAND()function is equal to 0.5548

Accepted Answer

A) A 
B) B 
C) C 
D) D 
A) A 
B) B 
C) C 
D) D

Simulation is the process of reproducing the behavior of a system using a model that describes the processes of the system.

Which of the following statements about SimQuick is TRUE?

The arrival of customers at a lemonade stand is modeled in SimQuick using a(n):

Describe a general procedure for generating normally distributed random numbers with a mean of 450 and standard deviation of 50 using Excel functions.

To generate 100 random numbers in an Excel simulation,the "=RAND()" function is first typed into the A1 cell on an Excel spreadsheet.A1 can then be copied and pasted in a rectangular area on the spreadsheet to cover the cells:

If the difference in results between different simulation runs results in a mathematical difference in system performance,the difference is said to be ________.

If the data needed to set up a simulation are available in company records,the technique used to obtain them is called ________.

A simulation model:

In Excel,typing the function ________ will generate random numbers within the interval 0 to 1.

Which one of the following relationships is CORRRECT?

Which one of the following statements regarding simulation analysis is FALSE?

In Excel,the RAND()function generates either a 0 or a 1,purely at random.

This table shows the distribution of grades in an operations management class. Add a column to the table that shows the cumulative probability and indicate what letter grade is obtained when the RAND()function is equal to 0.5548

Using Operations to Create Value

Process Strategy and Analysis

Quality and Performance

Capacity Planning

Constraint Management

Lean Systems

Project Management

Forecasting

Inventory Management

Operations Planning and Scheduling

Resource Planning

Supply Chain Design

Supply Chain Logistic Networks

Supply Chain Integration

Supply Chain Sustainability

Decision Making

Waiting Lines

Special Inventory Models

Linear Programming

Financial Analysis

Acceptance Sampling Plans

Measuring Output Rates

Learning Curve Analysis

Operations Scheduling

Layout

Filters

Exam 20: Simulation

Simulation is the process of reproducing the behavior of a system using a model that describes the processes of the system.

Which of the following statements about SimQuick is TRUE?

The arrival of customers at a lemonade stand is modeled in SimQuick using a(n):

Describe a general procedure for generating normally distributed random numbers with a mean of 450 and standard deviation of 50 using Excel functions.

To generate 100 random numbers in an Excel simulation,the "=RAND()" function is first typed into the A1 cell on an Excel spreadsheet.A1 can then be copied and pasted in a rectangular area on the spreadsheet to cover the cells:

If the difference in results between different simulation runs results in a mathematical difference in system performance,the difference is said to be ________.

If the data needed to set up a simulation are available in company records,the technique used to obtain them is called ________.

A simulation model:

In Excel,typing the function ________ will generate random numbers within the interval 0 to 1.

Which one of the following relationships is CORRRECT?

Which one of the following statements regarding simulation analysis is FALSE?

In Excel,the RAND()function generates either a 0 or a 1,purely at random.

This table shows the distribution of grades in an operations management class. Add a column to the table that shows the cumulative probability and indicate what letter grade is obtained when the RAND()function is equal to 0.5548

Using Operations to Create Value

Process Strategy and Analysis

Quality and Performance

Capacity Planning

Constraint Management

Lean Systems

Project Management

Forecasting

Inventory Management

Operations Planning and Scheduling

Resource Planning

Supply Chain Design

Supply Chain Logistic Networks

Supply Chain Integration

Supply Chain Sustainability

Decision Making

Waiting Lines

Special Inventory Models

Linear Programming

Financial Analysis

Acceptance Sampling Plans

Measuring Output Rates

Learning Curve Analysis

Operations Scheduling

Layout

Filters