This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: From a portion of a probability distribution, you read that P(demand = 0) is 0.05 and P(demand = 1) ... (Read 24 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
on: Dec 3, 2019

Question 1

Which of the following is not a step in running a Monte Carlo simulation?
◦ building a cumulative probability distribution for each variable
◦ establishing an interval of random numbers for each variable
◦ generating random numbers
◦ setting up a probability distribution for important variables
◦ All of the above are steps in running a Monte Carlo simulation.

Question 2

From a portion of a probability distribution, you read that P(demand = 0) is 0.05 and P(demand = 1) is 0.10. The cumulative probability for demand 1 would be
◦ 0.10.
◦ 0.05.
◦ 0.075.
◦ 0.15.
◦ cannot be determined.
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by aabwk4 on Dec 3, 2019

kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


aabwk4

  • Member
  • Posts: 593
Reply 2 on: Dec 3, 2019
:D TYSM

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Distribution of Rods and Cones on the Retina Distribution of Rods and Cones on the Retina
Normal Distribution of IQ Scores Normal Distribution of IQ Scores
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
Analogies for estimating portion size Analogies for estimating portion size
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
Video: Introduction to Insulin

For a complete list of videos, visit our video library