Simulation Question Answers
Essay by people • July 21, 2011 • Essay • 674 Words (3 Pages) • 2,470 Views
Operations Management, 10e (Heizer/Render)
Module F Simulation
1) Simulation has numerous applications in modern business, but few of these are in the area of operations.
Answer: FALSE
Diff: 1
Topic: What is simulation?
Objective: no LO
2) All forms of simulation are based on probability or chance.
Answer: FALSE
Diff: 1
Topic: What is simulation?
Objective: no LO
3) The idea behind simulation is threefold: (1) to imitate a real-world situation mathematically, (2) then to study its properties and operating characteristics, and (3) finally to draw conclusions and make action decisions based on the results of the simulation.
Answer: TRUE
Diff: 1
Topic: What is simulation?
Objective: no LO
4) Simulation is usually capable of producing a more appropriate answer to a complex problem than can be obtained from a mathematical model.
Answer: TRUE
Diff: 2
Topic: What is simulation?
Objective: no LO
5) Virtually all large-scale simulations take place on computers, but small simulations can be conducted by hand.
Answer: TRUE
Diff: 1
Topic: What is simulation?
AACSB: Use of IT
Objective: no LO
6) One effective use of simulation is to study problems for which the mathematical models of operations management are not realistic enough.
Answer: TRUE
Diff: 2
Topic: Advantages and disadvantages of simulation
Objective: LO-Module F-1
7) Simulation allows managers to test the effects of major policy decisions on real-life systems without disturbing the real system.
Answer: TRUE
Diff: 2
Topic: Advantages and disadvantages of simulation
Objective: LO-Module F-1
8) Simulation provides optimal solutions to problems.
Answer: FALSE
Diff: 2
Topic: Advantages and disadvantages of simulation
Objective: LO-Module F-1
9) Like mathematical and analytical models, simulation is restricted to using the standard probability distributions.
Answer: FALSE
Diff: 2
Topic: Advantages and disadvantages of simulation
Objective: LO-Module F-1
10) Simulation models are inexpensive to design and use.
Answer: FALSE
Diff: 2
Topic: Advantages and disadvantages of simulation
Objective: LO-Module F-1
11) Simulation models, because they are based on the generation of random numbers, fail to give the same solution in repeated use to any particular problem.
Answer: TRUE
Diff: 2
Topic: Advantages and disadvantages of simulation
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