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Author Question: An input to a simulation model that is selected by the decision maker is known as a a. random ... (Read 116 times)

crobinson2013

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on: Jun 24, 2018
An input to a simulation model that is selected by the decision maker is known as a
 a. random variable.
  b. nonnegativity constraint.
  c. probable input.
  d. controllable input.

Question 2

The outcome of a simulation experiment is a(n)
 a. objective function.
  b. probability distribution for one or more output measures.
  c. single number.
  d. what-if scenario.


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bulacsom

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d
RATIONALE: An input to a simulation model that is selected by the decision maker is known as a controllable input.

Answer to Question 2

b
RATIONALE: A simulation experiment produces a distribution of output values that correspond to the randomly generated values of the uncertain input variables. This probability distribution of the output values describes the range of possible outcomes, as well as the relative likelihood of each outcome.


crobinson2013

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

cam1229

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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