Simulation Question Answers

Published: 2021-09-11 17:15:11
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Category: Business

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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.

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