Multiple Choice
Use the data set shown below to answer the following question(s) . The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,which of the following calculates the number of customer arrivals?
A) Reservation limit - Reservations made
B) Reservation limit - Cancellations
C) Cancellations + Reservations made
D) Reservations made - Cancellations
Correct Answer:

Verified
Correct Answer:
Verified
Q42: In Crystal Ball,uncertain inputs are called forecasts.
Q43: Which of the following contains the Trials
Q44: Use the data shown below to answer
Q45: In the data table generated along with
Q46: In a forecast chart provided by Crystal
Q48: Explain the procedure associated with Decision Table
Q49: In Crystal Ball,the Correlation Matrix tool allows
Q50: In Crystal Ball,a tornado chart differs from
Q51: In a forecast chart provided by Crystal
Q52: Use the data set shown below to