Multiple Choice
How should one determine which RNGs to employ in a spreadsheet simulation model?
A) Use the Analytic Solver Platform gallery and pick a distribution.
B) Generate thousands of samples and compare the resulting histogram to ensure the distribution is correct.
C) Solve the deterministic model repeatedly and use Analytic Solver Platform distribution fitting tools.
D) The distributions selected should represent the underlying pool of values expected to occur.
Correct Answer:
Verified
Correct Answer:
Verified
Q53: Simulation is used to<br>A) find possible worst
Q54: Exhibit 12.3<br>The following questions use the information
Q55: Which of the following probability distributions are
Q56: Which Analytic Solver Platform function will generate
Q57: What method is used to generate observations
Q59: Inventory position is defined as<br>A) ending inventory
Q60: In running simulations under Analytic Solver Platform
Q61: Common continuous distributions available in Analytic Solver
Q62: Exhibit 12.2<br>The following questions use the information
Q63: Exhibit 12.5<br>The following questions use the information