ISYE 6644 Simulation Exam Questions With Correct An
./ ./ ./ ./ ./ ./ ./
swers
We./are./interested./in./modeling./the./arrival./and./service./process./at./the./local./McBurger./Queen./burg
er./joint../Customers./come./in./every./once./in./a./while,./stand./in./line,./eventually./get./served,./and./off./the
y./go../Generally./speaking,./what./kind./of./model./are./we./talking./about./here?./(More./than./one./answer./
below./may./be./right.)./-
./ correct./answer./ Discrete./(because./events./such./as./arrivals./and./service./completions./only./h
appen./once./in./a./while,./as./opposed./to./continuously)./and./Stochastic./(because./customer./arrival./ti
mes,./service./times,./shift./changes,./etc.,./are./all./random)
Which./of./the./following./can./be./regarded./as./advantages./of./simulation?./(More./than./one./answer./bel
ow./may./be./right.)./-
./ correct./answer./ Simulation./enables./you./to./study./models./too./complicated./for./analytical./or./n
umerical./treatment.
Simulations./can./serve./as./very./pretty./demos.
Simulation./can./be./used./to./study./detailed./relations./that./might./be./lost./in./an./analytical./or./numerical./
treatment.
Who./is./William./Gosset?./-
./ correct./answer./ He./invented./the./t./distribution./that./is./used./ubiquitously./in./statistics.
YES./or./NO?./Has./anyone./closely./related./to./the./field./of./computer./simulation./ever./won./a./Nobel./Pri
ze?./-
./ correct./answer./ Yes./Harry./Markowitz./won./the./1990./Nobel./Prize./in./Economics./for./his./work./i
n./the./field./of./portfolio./optimization../He./is./highly./regarded./in./the./simulation./community./for./his./conc
eption./and./development./of./the./general-purpose./simulation./language./SIMSCRIPT.
./ ./ ./ ./ ./ ./ ./
swers
We./are./interested./in./modeling./the./arrival./and./service./process./at./the./local./McBurger./Queen./burg
er./joint../Customers./come./in./every./once./in./a./while,./stand./in./line,./eventually./get./served,./and./off./the
y./go../Generally./speaking,./what./kind./of./model./are./we./talking./about./here?./(More./than./one./answer./
below./may./be./right.)./-
./ correct./answer./ Discrete./(because./events./such./as./arrivals./and./service./completions./only./h
appen./once./in./a./while,./as./opposed./to./continuously)./and./Stochastic./(because./customer./arrival./ti
mes,./service./times,./shift./changes,./etc.,./are./all./random)
Which./of./the./following./can./be./regarded./as./advantages./of./simulation?./(More./than./one./answer./bel
ow./may./be./right.)./-
./ correct./answer./ Simulation./enables./you./to./study./models./too./complicated./for./analytical./or./n
umerical./treatment.
Simulations./can./serve./as./very./pretty./demos.
Simulation./can./be./used./to./study./detailed./relations./that./might./be./lost./in./an./analytical./or./numerical./
treatment.
Who./is./William./Gosset?./-
./ correct./answer./ He./invented./the./t./distribution./that./is./used./ubiquitously./in./statistics.
YES./or./NO?./Has./anyone./closely./related./to./the./field./of./computer./simulation./ever./won./a./Nobel./Pri
ze?./-
./ correct./answer./ Yes./Harry./Markowitz./won./the./1990./Nobel./Prize./in./Economics./for./his./work./i
n./the./field./of./portfolio./optimization../He./is./highly./regarded./in./the./simulation./community./for./his./conc
eption./and./development./of./the./general-purpose./simulation./language./SIMSCRIPT.