Deck 12: Simulation

ملء الشاشة (f)
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سؤال
The process of determining that the computer procedure that performs the simulation calculations is logically correct is called

A)implementation.
B)validation.
C)verification.
D)repetition.
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سؤال
Common features of simulations--generating values from probability distributions, maintaining records, recording data and summarizing results--led to the development of

A)Excel and Lotus.
B)BASIC, FORTRAN, PASCAL, and C.
C)GPSS, SIMSCRIPT, SLAM, and Arena
D)LINDO and The Management Scientist
سؤال
When events occur at discrete points in time

A)a simulation clock is required.
B)the simulation advances to the next event.
C)the model is a discrete-event simulation.
D)All of the alternatives are correct.
سؤال
Which of the following statements is INCORRECT regarding the disadvantages of simulation?

A)Each simulation run only provides a sample of how the real system will operate.
B)The summary of the simulation data only provides estimates about the real system.
C)The process of developing a simulation model of a complex system can be time-consuming.
D)The larger the number of probabilistic inputs a system has, the less likely a simulation will provide the best approach for studying the system.
سؤال
Numerical values that appear in the mathematical relationships of a model and are considered known and remain constant over all trials of a simulation are

A)parameters.
B)probabilistic input.
C)controllable input.
D)events.
سؤال
The number of units expected to be sold is uniformly distributed between 300 and 500. If r is a random number between 0 and 1, then the proper expression for sales is

A)200(r)
B)r + 300
C)300 + 500(r)
D)300 + r(200)
سؤال
The degree of risk is associated with the probability or magnitude of loss.
سؤال
Simulation is a trial-and-error approach to problem solving.
سؤال
A table of uniformly distributed random numbers should be read

A)from left to right.
B)from top to bottom.
C)diagonally, starting from the top left corner and moving to the bottom right.
D)in any consistent sequence.
سؤال
A quantity that is difficult to measure with certainty is called a

A)risk analysis.
B)project determinant.
C)probabilistic input.
D)profit/loss process.
سؤال
Values for the probabilistic inputs to a simulation

A)are selected by the decision maker.
B)are controlled by the decision maker.
C)are randomly generated based on historical information.
D)are calculated by fixed mathematical formulas.
سؤال
Simulation

A)does not guarantee optimality.
B)is flexible and does not require the assumptions of theoretical models.
C)allows testing of the system without affecting the real system.
D)All of the alternatives are correct.
سؤال
Simulation is an excellent technique to use when a situation is too complicated to use standard analytical procedures.
سؤال
A simulation model used in situations where the state of the system at one point in time does not affect the state of the system at future points in time is called a

A)dynamic simulation model.
B)static simulation model.
C)steady-state simulation model.
D)discrete-event simulation model.
سؤال
In order to verify a simulation model

A)compare results from several simulation languages.
B)be sure that the procedures for calculations are logically correct.
C)confirm that the model accurately represents the real system.
D)run the model long enough to overcome initial start-up results.
سؤال
The word "uniform" in the term "uniform random numbers" means

A)all the numbers have the same number of digits.
B)if one number is, say, 10 units above the mean, the next number will be 10 units below the mean.
C)all the numbers are odd or all are even.
D)each number has an equal probability of being drawn.
سؤال
A simulation model uses the mathematical expressions and logical relationships of the

A)real system.
B)computer model.
C)performance measures.
D)estimated inferences.
سؤال
Which of the following statements is INCORRECT regarding the advantages of simulation?

A)Simulation is relatively easy to explain and understand.
B)Simulation guarantees an optimal solution.
C)Simulation models are flexible.
D)A simulation model provides a convenient experimental laboratory for the real system.
سؤال
If customer 2 has a service time of 1.6, and if customer 3 has an interarrival time of 1.1 and a service time of 2.3, when will customer 3's service be completed?

A)5.0
B)3.9
C)3.4
D)There is not enough information to answer.
سؤال
A value for probabilistic input from a discrete probability distribution

A)is the value given by the RAND() function.
B)is given by matching the probabilistic input with an interval of random numbers.
C)is between 0 and 1.
D)must be non-negative.
سؤال
How can historical information be used to create discrete probability distributions?
سؤال
Why is a flowchart useful in simulation?
سؤال
To use Excel to generate a normally distributed random variable, you must know the mean and standard deviation of the distribution and have a random number between 0 and 1.
سؤال
In a Monte Carlo simulation, each simulation trial is dependent upon the result of a previous trial.
سؤال
For any waiting line system, (Average number of units in waiting line) = (Total waiting time) divided by (Total time of simulation).
سؤال
Computer-generated random numbers are normally distributed over the interval from 0 to 1.
سؤال
Simulation is to be used to study customer waiting patterns at several branches of an organization. Acknowledging that arrivals and service times follow different distributions over the branches, of what use is the development of a general simulation model?
سؤال
The drying rate in an industrial process is dependent on many factors and varies according to the following distribution. The drying rate in an industrial process is dependent on many factors and varies according to the following distribution.   a.Compute the mean drying time. b.Using these random numbers, simulate the drying time for 12 processes..33 .09 .19 .81 .12 .88 .53 .95 .77 .61 .91 .47 c.What is the average drying time for the 10 processes you simulated?<div style=padding-top: 35px>
a.Compute the mean drying time.
b.Using these random numbers, simulate the drying time for 12 processes..33
.09
.19
.81
.12
.88
.53
.95
.77
.61
.91
.47
c.What is the average drying time for the 10 processes you simulated?
سؤال
The parameters of a simulation model are the controllable inputs.
سؤال
How are both analysts and managers involved in the validation process?
سؤال
Computer-generated random numbers are not technically random.
سؤال
Validation determines that the computer procedure is operating as it is intended to operate.
سؤال
A static simulation model is used in situations where the state of the system affects how the system changes or evolves over time.
سؤال
Trials of a simulation show what would happen when values of the probabilistic input change.
سؤال
Verification is the process of ensuring that the simulation model provides an accurate representation of the real system.
سؤال
A discrete-event simulation reviews the status of the system periodically, whether or not an event occurs.
سؤال
In comparing different policies using simulation, one should use the same set of random numbers whenever possible.
سؤال
Using simulation to perform risk analysis is like playing out many what-if scenarios by randomly generating values for the probabilistic inputs.
سؤال
For the past 50 days, daily sales of laundry detergent in a large grocery store have been recorded (to the nearest 10). For the past 50 days, daily sales of laundry detergent in a large grocery store have been recorded (to the nearest 10).   a.Determine the relative frequency for each number of units sold. b.Suppose that the following random numbers were obtained using Excel: .12 .96 .53 .80 .95 .10 .40 .45 .77 .29 Use these random numbers to simulate 10 days of sales.<div style=padding-top: 35px>
a.Determine the relative frequency for each number of units sold.
b.Suppose that the following random numbers were obtained using Excel:
.12
.96
.53
.80
.95
.10
.40
.45
.77
.29
Use these random numbers to simulate 10 days of sales.
سؤال
Why would one want to use a general purpose programming language rather than a spreadsheet to develop a simulation?
سؤال
On a visit to an amusement park you pass someone who has just ridden a roller coaster and asks you for directions to the First Aid Station. Realizing that traffic at the First Aid Station would be something to study with simulation, you gather some information. Two EMTs staff the station, and patients wait and go to the first one available. People coming there can be divided into two groups: those who need something minor (e.g. Tylenol, a band-aid) or those who need more help. Assume those in the first group constitute 25% of the patients and take 5 minutes to have their problem solved. Those in the second group need an uncertain amount of time, as given by a probability distribution. Develop a flowchart for this simulation problem.
سؤال
As the owner of a rent-a-car agency you have determined the following statistics: As the owner of a rent-a-car agency you have determined the following statistics:   The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars. a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length.   b.If your firm can obtain another car for $200 for 10 days, should you take the extra car?<div style=padding-top: 35px> The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars.
a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length. As the owner of a rent-a-car agency you have determined the following statistics:   The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars. a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length.   b.If your firm can obtain another car for $200 for 10 days, should you take the extra car?<div style=padding-top: 35px>
b.If your firm can obtain another car for $200 for 10 days, should you take the extra car?
سؤال
Using the spreadsheet below, give the cell address which would have the formula shown. Using the spreadsheet below, give the cell address which would have the formula shown.    <div style=padding-top: 35px> Using the spreadsheet below, give the cell address which would have the formula shown.    <div style=padding-top: 35px>
سؤال
Arrivals to a truck repair facility have an interarrival time that is uniformly distributed between 20 and 50 minutes. Service times are normally distributed with mean 30 minutes and standard deviation 10 minutes. Develop a spreadsheet model to simulate the arrival of 100 trucks. Collect information on the time the repair facility is idle and on the average waiting time for trucks.
سؤال
Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below. Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below.   Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time?  <div style=padding-top: 35px> Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time? Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below.   Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time?  <div style=padding-top: 35px>
سؤال
An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below. An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below.     a.Place the appropriate random number ranges in the tables above. b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021<div style=padding-top: 35px> An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below.     a.Place the appropriate random number ranges in the tables above. b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021<div style=padding-top: 35px>
a.Place the appropriate random number ranges in the tables above.
b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021
سؤال
The time required to set up lighting for a portrait studio is uniformly distributed between 12 and 20 minutes. Use the following random numbers to generate the setup time for 10 customers.
.27
.53
.06
.92
.16
.74
.06
.29
.82
.23
سؤال
Greenfields is a mail order seed and plant business. The size of orders is uniformly distributed over the interval from $25 to $80. Use the following random numbers to generate the size of 10 orders.
.41
.99
.07
.05
.38
.77
.19
.12
.58
.60
سؤال
Estimates of the financial information for a new product show the following information: Estimates of the financial information for a new product show the following information:   Use the random numbers .51, .97, .58, .22, and .16 to simulate five trials. What is the net profit for each trial?<div style=padding-top: 35px> Use the random numbers .51, .97, .58, .22, and .16 to simulate five trials. What is the net profit for each trial?
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ملء الشاشة (f)
exit full mode
Deck 12: Simulation
1
The process of determining that the computer procedure that performs the simulation calculations is logically correct is called

A)implementation.
B)validation.
C)verification.
D)repetition.
C
2
Common features of simulations--generating values from probability distributions, maintaining records, recording data and summarizing results--led to the development of

A)Excel and Lotus.
B)BASIC, FORTRAN, PASCAL, and C.
C)GPSS, SIMSCRIPT, SLAM, and Arena
D)LINDO and The Management Scientist
C
3
When events occur at discrete points in time

A)a simulation clock is required.
B)the simulation advances to the next event.
C)the model is a discrete-event simulation.
D)All of the alternatives are correct.
D
4
Which of the following statements is INCORRECT regarding the disadvantages of simulation?

A)Each simulation run only provides a sample of how the real system will operate.
B)The summary of the simulation data only provides estimates about the real system.
C)The process of developing a simulation model of a complex system can be time-consuming.
D)The larger the number of probabilistic inputs a system has, the less likely a simulation will provide the best approach for studying the system.
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5
Numerical values that appear in the mathematical relationships of a model and are considered known and remain constant over all trials of a simulation are

A)parameters.
B)probabilistic input.
C)controllable input.
D)events.
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6
The number of units expected to be sold is uniformly distributed between 300 and 500. If r is a random number between 0 and 1, then the proper expression for sales is

A)200(r)
B)r + 300
C)300 + 500(r)
D)300 + r(200)
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7
The degree of risk is associated with the probability or magnitude of loss.
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8
Simulation is a trial-and-error approach to problem solving.
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9
A table of uniformly distributed random numbers should be read

A)from left to right.
B)from top to bottom.
C)diagonally, starting from the top left corner and moving to the bottom right.
D)in any consistent sequence.
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10
A quantity that is difficult to measure with certainty is called a

A)risk analysis.
B)project determinant.
C)probabilistic input.
D)profit/loss process.
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11
Values for the probabilistic inputs to a simulation

A)are selected by the decision maker.
B)are controlled by the decision maker.
C)are randomly generated based on historical information.
D)are calculated by fixed mathematical formulas.
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12
Simulation

A)does not guarantee optimality.
B)is flexible and does not require the assumptions of theoretical models.
C)allows testing of the system without affecting the real system.
D)All of the alternatives are correct.
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13
Simulation is an excellent technique to use when a situation is too complicated to use standard analytical procedures.
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14
A simulation model used in situations where the state of the system at one point in time does not affect the state of the system at future points in time is called a

A)dynamic simulation model.
B)static simulation model.
C)steady-state simulation model.
D)discrete-event simulation model.
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15
In order to verify a simulation model

A)compare results from several simulation languages.
B)be sure that the procedures for calculations are logically correct.
C)confirm that the model accurately represents the real system.
D)run the model long enough to overcome initial start-up results.
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16
The word "uniform" in the term "uniform random numbers" means

A)all the numbers have the same number of digits.
B)if one number is, say, 10 units above the mean, the next number will be 10 units below the mean.
C)all the numbers are odd or all are even.
D)each number has an equal probability of being drawn.
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17
A simulation model uses the mathematical expressions and logical relationships of the

A)real system.
B)computer model.
C)performance measures.
D)estimated inferences.
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18
Which of the following statements is INCORRECT regarding the advantages of simulation?

A)Simulation is relatively easy to explain and understand.
B)Simulation guarantees an optimal solution.
C)Simulation models are flexible.
D)A simulation model provides a convenient experimental laboratory for the real system.
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19
If customer 2 has a service time of 1.6, and if customer 3 has an interarrival time of 1.1 and a service time of 2.3, when will customer 3's service be completed?

A)5.0
B)3.9
C)3.4
D)There is not enough information to answer.
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20
A value for probabilistic input from a discrete probability distribution

A)is the value given by the RAND() function.
B)is given by matching the probabilistic input with an interval of random numbers.
C)is between 0 and 1.
D)must be non-negative.
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21
How can historical information be used to create discrete probability distributions?
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22
Why is a flowchart useful in simulation?
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23
To use Excel to generate a normally distributed random variable, you must know the mean and standard deviation of the distribution and have a random number between 0 and 1.
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24
In a Monte Carlo simulation, each simulation trial is dependent upon the result of a previous trial.
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25
For any waiting line system, (Average number of units in waiting line) = (Total waiting time) divided by (Total time of simulation).
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26
Computer-generated random numbers are normally distributed over the interval from 0 to 1.
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27
Simulation is to be used to study customer waiting patterns at several branches of an organization. Acknowledging that arrivals and service times follow different distributions over the branches, of what use is the development of a general simulation model?
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28
The drying rate in an industrial process is dependent on many factors and varies according to the following distribution. The drying rate in an industrial process is dependent on many factors and varies according to the following distribution.   a.Compute the mean drying time. b.Using these random numbers, simulate the drying time for 12 processes..33 .09 .19 .81 .12 .88 .53 .95 .77 .61 .91 .47 c.What is the average drying time for the 10 processes you simulated?
a.Compute the mean drying time.
b.Using these random numbers, simulate the drying time for 12 processes..33
.09
.19
.81
.12
.88
.53
.95
.77
.61
.91
.47
c.What is the average drying time for the 10 processes you simulated?
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29
The parameters of a simulation model are the controllable inputs.
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30
How are both analysts and managers involved in the validation process?
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31
Computer-generated random numbers are not technically random.
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32
Validation determines that the computer procedure is operating as it is intended to operate.
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33
A static simulation model is used in situations where the state of the system affects how the system changes or evolves over time.
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34
Trials of a simulation show what would happen when values of the probabilistic input change.
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35
Verification is the process of ensuring that the simulation model provides an accurate representation of the real system.
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36
A discrete-event simulation reviews the status of the system periodically, whether or not an event occurs.
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37
In comparing different policies using simulation, one should use the same set of random numbers whenever possible.
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38
Using simulation to perform risk analysis is like playing out many what-if scenarios by randomly generating values for the probabilistic inputs.
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39
For the past 50 days, daily sales of laundry detergent in a large grocery store have been recorded (to the nearest 10). For the past 50 days, daily sales of laundry detergent in a large grocery store have been recorded (to the nearest 10).   a.Determine the relative frequency for each number of units sold. b.Suppose that the following random numbers were obtained using Excel: .12 .96 .53 .80 .95 .10 .40 .45 .77 .29 Use these random numbers to simulate 10 days of sales.
a.Determine the relative frequency for each number of units sold.
b.Suppose that the following random numbers were obtained using Excel:
.12
.96
.53
.80
.95
.10
.40
.45
.77
.29
Use these random numbers to simulate 10 days of sales.
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40
Why would one want to use a general purpose programming language rather than a spreadsheet to develop a simulation?
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41
On a visit to an amusement park you pass someone who has just ridden a roller coaster and asks you for directions to the First Aid Station. Realizing that traffic at the First Aid Station would be something to study with simulation, you gather some information. Two EMTs staff the station, and patients wait and go to the first one available. People coming there can be divided into two groups: those who need something minor (e.g. Tylenol, a band-aid) or those who need more help. Assume those in the first group constitute 25% of the patients and take 5 minutes to have their problem solved. Those in the second group need an uncertain amount of time, as given by a probability distribution. Develop a flowchart for this simulation problem.
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42
As the owner of a rent-a-car agency you have determined the following statistics: As the owner of a rent-a-car agency you have determined the following statistics:   The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars. a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length.   b.If your firm can obtain another car for $200 for 10 days, should you take the extra car? The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars.
a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length. As the owner of a rent-a-car agency you have determined the following statistics:   The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars. a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length.   b.If your firm can obtain another car for $200 for 10 days, should you take the extra car?
b.If your firm can obtain another car for $200 for 10 days, should you take the extra car?
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43
Using the spreadsheet below, give the cell address which would have the formula shown. Using the spreadsheet below, give the cell address which would have the formula shown.    Using the spreadsheet below, give the cell address which would have the formula shown.
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44
Arrivals to a truck repair facility have an interarrival time that is uniformly distributed between 20 and 50 minutes. Service times are normally distributed with mean 30 minutes and standard deviation 10 minutes. Develop a spreadsheet model to simulate the arrival of 100 trucks. Collect information on the time the repair facility is idle and on the average waiting time for trucks.
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45
Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below. Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below.   Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time?  Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time? Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below.   Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time?
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46
An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below. An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below.     a.Place the appropriate random number ranges in the tables above. b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021 An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below.     a.Place the appropriate random number ranges in the tables above. b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021
a.Place the appropriate random number ranges in the tables above.
b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021
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47
The time required to set up lighting for a portrait studio is uniformly distributed between 12 and 20 minutes. Use the following random numbers to generate the setup time for 10 customers.
.27
.53
.06
.92
.16
.74
.06
.29
.82
.23
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48
Greenfields is a mail order seed and plant business. The size of orders is uniformly distributed over the interval from $25 to $80. Use the following random numbers to generate the size of 10 orders.
.41
.99
.07
.05
.38
.77
.19
.12
.58
.60
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49
Estimates of the financial information for a new product show the following information: Estimates of the financial information for a new product show the following information:   Use the random numbers .51, .97, .58, .22, and .16 to simulate five trials. What is the net profit for each trial? Use the random numbers .51, .97, .58, .22, and .16 to simulate five trials. What is the net profit for each trial?
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