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