Deck 19: Simulation

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Question
A number that has the same probability of being selected as any other is called a(n)

A) Monte Carlo number.
B) decision number.
C) uncontrolled number.
D) random number.
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Question
The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers.The number of customers arriving at any point of time is an example of

A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
Question
Which one of the following statements regarding simulation analysis is FALSE?

A) Simulation analysis is a form of hypothesis testing.
B) Analysis of variance is a commonly used statistical method for simulation analysis.
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
A statistically significant difference in simulation results,when acted upon by the operations manager,will result in significant process improvements in the eyes of the customer or company or both.
Question
Steady state occurs when the simulation is repeated over enough time that the average results for performance measures remain constant.
Question
Simulation can be used to sharpen managerial decision making.
Question
A simulation model

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
Using a simulation model to gather a year of operating data in a few minutes is known as

A) historical search data collection.
B) Monte Carlo optimization.
C) suboptimization.
D) time compression.
Question
Which one of the following statements about simulation analysis is FALSE?

A) If a result is statistically significant, it is always managerially significant.
B) Simulation analysis is a form of hypothesis testing.
C) Analysis of variance is a commonly used statistical method for simulation analysis.
D) Statistical methods require the replication of simulation runs.
Question
Time compression is the feature of simulation that allows managers to obtain operating-characteristic estimates in much less time than is required to gather the same operating data from a real system.
Question
A manager has been given the table shown below and is asked to generate random numbers.Which of the following statements is TRUE?
 Range  # Customers 004905079180992\begin{array}{|c|c|}\hline\text { Range } & \text { \# Customers } \\\hline 00-49 & 0 \\\hline 50-79 & 1 \\\hline 80-99 & 2 \\\hline\end{array}

A) There are no customers in the store 49 percent of the time.
B) The probability of having one customer in the store is 0.30.
C) The relative frequency of having two customers in the store is 0.80.
D) If we randomly choose the numbers 0 through 99 enough times, about 99 percent of the time we will have two customers in the store.
Question
Decision variables are random events that the decision maker cannot control.
Question
The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers.The number of tellers is an example of

A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
Question
Simulation is the process of reproducing the behaviour of a system using a model that describes the processes of the system.
Question
Excel can be used to perform

A) discrete, next-event simulation.
B) continuous simulation.
C) analog simulation.
D) Monte Carlo simulation.
Question
The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers.The number of customers waiting in line at any point of time is an example of

A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
Question
Which one of the following relationships is correct?

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
Which of these is a special simulation language?

A) C++
B) FORTRAN
C) SLAM
D) VISUAL BASIC
Question
Simulation models are

A) useful when waiting-line models are too complex.
B) useful for conducting experiments using the real system.
C) preferred because they find optimal solutions.
D) usually inexpensive relative to other approaches.
Question
A simulation model is used to test the impact of the number of sample customers at a supermarket.As the model is run,the decision maker watches the average number of customers in the store rapidly increase from zero until it levels off and holds a constant value.The simulation model is

A) not valid due to the lack of change.
B) in steady state.
C) not valid due to the fluctuation in the statistics.
D) a random variable.
Question
________ is a feature of simulation models that allows them to obtain operating-characteristic estimates in much less time than is required to gather the same operating data from a real system.
Question
________ is the act of reproducing the behaviour of a system using a model that describes the processes of the system.
Question
A variable that is controlled by the decision-maker and will change from one run to the next as different events are simulated is a(n)________..
Question
What is the difference between a waiting-line model as described in Supplement C and a simulation model of a waiting-line problem?
Question
________ are random events that the decision maker cannot control.
Question
A patient's interminable wait for the first available physician is modeled in SimQuick using a(n)

A) entrance block.
B) buffer block.
C) workstation block.
D) decision point.
Question
What are the motivations for using simulation for analyzing processes?
Question
A number that has the same probability of being selected as any other number is a(n)________.
Question
The arrival of customers at a lemonade stand is modeled in SimQuick using a(n)

A) entrance block.
B) buffer block.
C) workstation block.
D) decision point.
Question
What is meant by time compression in a simulation model?
Question
________ occurs when the simulation is repeated over enough time that the average results for performance measures remain constant.
Question
What are the differences between decision variables and uncontrolled variables? Describe the differences and provide an example from a simulation model.
Question
As the operations manager of the bookstore on your college campus,you are keenly aware of the seasonality of demand for your wares.At the start of each semester you puzzle over the number of checkout clerks to schedule and finally decide to model your predicament using Monte Carlo simulation.Describe the simulation process and indicate what assumptions you must make at each step.
Question
Why is simulation considered the method of last resort?
Question
The two approaches to data collection for simulation are ________ and ________.
Question
________ uses random numbers to generate simulation events.
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Deck 19: Simulation
1
A number that has the same probability of being selected as any other is called a(n)

A) Monte Carlo number.
B) decision number.
C) uncontrolled number.
D) random number.
D
2
The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers.The number of customers arriving at any point of time is an example of

A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
B
3
Which one of the following statements regarding simulation analysis is FALSE?

A) Simulation analysis is a form of hypothesis testing.
B) Analysis of variance is a commonly used statistical method for simulation analysis.
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.
D
4
A statistically significant difference in simulation results,when acted upon by the operations manager,will result in significant process improvements in the eyes of the customer or company or both.
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5
Steady state occurs when the simulation is repeated over enough time that the average results for performance measures remain constant.
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6
Simulation can be used to sharpen managerial decision making.
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7
A simulation model

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.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
8
Using a simulation model to gather a year of operating data in a few minutes is known as

A) historical search data collection.
B) Monte Carlo optimization.
C) suboptimization.
D) time compression.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
9
Which one of the following statements about simulation analysis is FALSE?

A) If a result is statistically significant, it is always managerially significant.
B) Simulation analysis is a form of hypothesis testing.
C) Analysis of variance is a commonly used statistical method for simulation analysis.
D) Statistical methods require the replication of simulation runs.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
10
Time compression is the feature of simulation that allows managers to obtain operating-characteristic estimates in much less time than is required to gather the same operating data from a real system.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
11
A manager has been given the table shown below and is asked to generate random numbers.Which of the following statements is TRUE?
 Range  # Customers 004905079180992\begin{array}{|c|c|}\hline\text { Range } & \text { \# Customers } \\\hline 00-49 & 0 \\\hline 50-79 & 1 \\\hline 80-99 & 2 \\\hline\end{array}

A) There are no customers in the store 49 percent of the time.
B) The probability of having one customer in the store is 0.30.
C) The relative frequency of having two customers in the store is 0.80.
D) If we randomly choose the numbers 0 through 99 enough times, about 99 percent of the time we will have two customers in the store.
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k this deck
12
Decision variables are random events that the decision maker cannot control.
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k this deck
13
The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers.The number of tellers is an example of

A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
14
Simulation is the process of reproducing the behaviour of a system using a model that describes the processes of the system.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
15
Excel can be used to perform

A) discrete, next-event simulation.
B) continuous simulation.
C) analog simulation.
D) Monte Carlo simulation.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
16
The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers.The number of customers waiting in line at any point of time is an example of

A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
17
Which one of the following relationships is correct?

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.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
18
Which of these is a special simulation language?

A) C++
B) FORTRAN
C) SLAM
D) VISUAL BASIC
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
19
Simulation models are

A) useful when waiting-line models are too complex.
B) useful for conducting experiments using the real system.
C) preferred because they find optimal solutions.
D) usually inexpensive relative to other approaches.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
20
A simulation model is used to test the impact of the number of sample customers at a supermarket.As the model is run,the decision maker watches the average number of customers in the store rapidly increase from zero until it levels off and holds a constant value.The simulation model is

A) not valid due to the lack of change.
B) in steady state.
C) not valid due to the fluctuation in the statistics.
D) a random variable.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
21
________ is a feature of simulation models that allows them to obtain operating-characteristic estimates in much less time than is required to gather the same operating data from a real system.
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k this deck
22
________ is the act of reproducing the behaviour of a system using a model that describes the processes of the system.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
23
A variable that is controlled by the decision-maker and will change from one run to the next as different events are simulated is a(n)________..
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24
What is the difference between a waiting-line model as described in Supplement C and a simulation model of a waiting-line problem?
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25
________ are random events that the decision maker cannot control.
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26
A patient's interminable wait for the first available physician is modeled in SimQuick using a(n)

A) entrance block.
B) buffer block.
C) workstation block.
D) decision point.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
27
What are the motivations for using simulation for analyzing processes?
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28
A number that has the same probability of being selected as any other number is a(n)________.
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Unlock Deck
k this deck
29
The arrival of customers at a lemonade stand is modeled in SimQuick using a(n)

A) entrance block.
B) buffer block.
C) workstation block.
D) decision point.
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Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
30
What is meant by time compression in a simulation model?
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31
________ occurs when the simulation is repeated over enough time that the average results for performance measures remain constant.
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32
What are the differences between decision variables and uncontrolled variables? Describe the differences and provide an example from a simulation model.
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33
As the operations manager of the bookstore on your college campus,you are keenly aware of the seasonality of demand for your wares.At the start of each semester you puzzle over the number of checkout clerks to schedule and finally decide to model your predicament using Monte Carlo simulation.Describe the simulation process and indicate what assumptions you must make at each step.
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k this deck
34
Why is simulation considered the method of last resort?
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35
The two approaches to data collection for simulation are ________ and ________.
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36
________ uses random numbers to generate simulation events.
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