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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 119 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
Wow, this really help

covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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