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 54 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
Wow, this really help

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Creating Easy-to-Read Instruction Creating Easy-to-Read Instruction
Recommended Portion Sizes per Serving Recommended Portion Sizes per Serving
The Distribution of Pressure The Distribution of Pressure
Portion sizes of French fries have more than doubled from the past Portion sizes of French fries have more than doubled from the past
Analogies for estimating portion size Analogies for estimating portion size
Distribution of sex chromosomes from generation to generation. All children receive an X chromosome Distribution of sex chromosomes from generation to generation. All children receive an X chromosome
Video: Hormonal feedback loop components

For a complete list of videos, visit our video library