Multiple Choice
The weekly demand for a company's product follows the probability distribution below:
Use the following random numbers to simulate the product's demand for the next five weeks: 72,27,93,17,47.
If the first random number interval begins with 1 then the total demand for the simulated five week period is
A) 700.
B) 650.
C) 625.
D) 550.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Simulation is the preferred technique for problems
Q2: At a Wal-Mart store,simulation can be used
Q5: As a simulation model becomes more complex,using
Q8: A steady state results when a simulation
Q8: Because simulation is used to analyze probabilistic
Q9: Simulation is a popular decision-making tool that
Q11: The weekly capacity measured in machine hours
Q12: Simulation analysis is the preferred method used
Q12: After a sufficient number of simulation runs
Q20: In what ways is simulation relevant to