QM chapter 14

Réussis tes devoirs et examens dès maintenant avec Quizwiz!

what if analysis

a form of model experimentation using a computer to ascertain the results of making changes in a model

computer mathematical simulation

a system is replicated with a mathematical model that is analyzed by using the computer

monte carlo

a technique for selecting numbers randomly from a probability distribution (it is an analogous to gambling devices)

simulated time

long period of real time is represented by a short period of simulated time

random numbers

numbers likely to be chosen from a large population of numbers

pseudorandom numbers

random numbers generated by a mathematical process instead of a physical process

analogue simulation

replaces a physical system with an analogous physical system that is easier to manipulate

random number table

the random numbers are derived from some artificial process, like a computer program


Ensembles d'études connexes

Human Resource Management: Summary

View Set

Algebra 1 - Radical Expressions Overview

View Set

Organisation Studies - Scientific Management - 2

View Set

GES 110 Reading quiz study thing

View Set

3.2: Three branches of government

View Set

(IV) Exercise 2.1 Varieties of Meaning

View Set