simulation modeling

In a monte Carlo simulation, a variable that we might want to simulate is

all of the above

the idea behind simulation is to

all of the above

when simulating the monte Carlo experiment, the average simulated demand over the long run should approximate the

expected demand

A simulation is model is designed to arrive at a single specific numerical answer to a given problem

false

Simulation is best thought of as a technique to

increase understanding of a problem

Which of the following is an advantage of simulation?

it allows time compression

using simulation for a queuing problem would be appropriate if

There is a 10% chance an arrival would leave before receiving service.

A meteorologist was simulating the number of days that rain would occur in a month. the random number interval from 01 to 30 was used to indicate that rain occurred on a particular day, and the interval 31-00 indicated that rain did not occur. What is the probability that raid did occur?

0.30

a probability distribution has been developed, and the probability of 2 arrivals in the next hour is 0.20. A random number interval is to be assigned to this. Which of the following would not be an appropriate interval?

00-20

Simulation is a technique usually reserved for studying only the simplest and most straightforward of problems.

False

Which of the following is a disadvantage of simulation?

Managers must generate all of the conditions and constraints for solutions that they wish to examine.

the validation process involves making sure that

the model adequately represents the real world system

the verification process involves making sure that

the model is internally consistent and logical

simulation typically requires a familiarity with statistics to evaluate the results

true