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Week 3 Homework (Summer)

The document outlines a quiz consisting of 35 questions related to differential equations, Monte Carlo integration, simulation studies, and various modeling approaches. Each question includes multiple-choice answers, covering topics such as queueing theory, random variable distributions, and simulation languages. The quiz is designed to assess understanding of concepts taught in the associated lessons.
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0% found this document useful (0 votes)
1 views14 pages

Week 3 Homework (Summer)

The document outlines a quiz consisting of 35 questions related to differential equations, Monte Carlo integration, simulation studies, and various modeling approaches. Each question includes multiple-choice answers, covering topics such as queueing theory, random variable distributions, and simulation languages. The quiz is designed to assess understanding of concepts taught in the associated lessons.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Week 3 Homework

 This is a preview of the published version of the quiz

Started: Jul 2 at 8:09am

Quiz Instructions

Question 1 1 pts

(Lesson 3.1: Solving a Differential Equation.) Suppose that . We know


that if is small, then

Using this expression with , find an approximate value for .

a. 1

b. 2.72

c. 7.38

d. 14.93

Question 2 1 pts

(Lesson 3.1: Solving a Differential Equation.) Suppose that . What is the


actual value of ?

a.

b.

c.

d.

e.
Question 3 1 pts

(Lesson 3.1: Solving a Differential Equation.) Consider the differential equation


with . What is the exact formula for ?

a.

b.

c.

d.

Question 4 1 pts

(Lesson 3.1: Solving Differential Equations.) Consider the differential equation


with . Solve for using Euler's
approximation method with increment for .

a.

b.

c.

d.

Question 5 1 pts

(Lesson 3.2: Monte Carlo Integration.) Suppose that we want to use Monte Carlo
integration to approximate . If are i.i.d. Unif(0,1)'s,
what's a good approximation for ?
a.

b.

c.

d.

e.

Question 6 1 pts

(Lesson 3.2: Monte Carlo Integration.) Again suppose that we want to use Monte
Carlo integration to approximate . You may have recently discovered
that the MC estimator is of the form

Estimate the integral by calculating with the following 4 uniforms:

a. 0

b. 0.2

c. 0.321

d. 0.679

e. 0.8

Question 7 1 pts

(Lesson 3.2: Monte Carlo Integration.) Yet again suppose that we want to use Monte
Carlo integration to approximate . What is the exact value of ?

a. 0.197
b. 0.693

c. 1.386

d. 2.773

Question 8 1 pts

(Lesson 3.3: Making Some .) Inscribe a circle in a unit square and toss
random darts at the square. Suppose that 760 of those darts land in the circle. Using
the technology developed in class, what is the resulting estimate for ?

a.

b. 4.0 (UGA answer)

c. 3.2

d. 3.04

e. 3.12

Question 9 1 pts

(Lesson 3.4: Single-Server Queue.) Consider a single-server Q with LIFO (last-in-


first-out) services. Suppose that three customers show up at times 5, 6, and 8, and
that they all have service times of 4. When does customer 2 leave the system?

a. 3

b. 9

c. 13

d. 17

e. 19
Question 10 1 pts

(Lesson 3.5: Inventory Model.) Consider our numerical example from the
lesson. What would the third day's total profits have been if we had used a (4,10)
policy instead of a (3,10)?

a.

b.

c. 44

d. 45

e. 70

Question 11 1 pts

(Lesson 3.6: Simulating Random Variables.) If is a Unif(0,1) random number, what


is the distribution of ?

a. Who knows?

b. Exp(2)

c. Exp(1/2)

d. Exp

e. Exp

Question 12 1 pts

(Lesson 3.6: Simulating Random Variables.) If and are i.i.d. Unif(0,1) random
variables, what is the distribution of ? Hints: (i) I may have mentioned this in
class at some point; (ii) You may be able to reason this out by looking at the
distribution of the sum of two dice tosses; or (iii) You can use something like Excel to
simulate many times and make a histogram of the results.

a. Unif(0,2)

b. Normal

c. Exponential

d. Triangular

Question 13 1 pts

(Lesson 3.7: Spreadsheet Simulation.) I stole this problem from the Banks, Carson,
Nelson and Nicol text (5th edition). Expenses for Joey's college attendance next year
are as follows (in $):

Tuition = 8400
Dormitory = 5400
Meals Unif(900,1350)
Entertainment Unif(600,1200)
Transportation Unif(200,600)
Books Unif(400,800)

Here are the income streams the student has for next year:
Scholarship = 3000
Parents = 4000
Waiting Tables Unif(3000,5000)
Library Job Unif(2000,3000)

Use Monte Carlo simulation to estimate the expected value of the loan that will be
needed to enable Joey to go to college next year.

a. $2500

b. $3250

c. $3325

d. $3450
e. $4000

Question 14 1 pts

(Lesson 4.1: Steps in a Simulation Study.) Which steps are regarded as essential for
a successful simulation study? (There may be more than one correct answer.)

a. Problem formulation

b. Model validation

c. Model verification

d. Experimental design

e. Output analysis

f. Attendance at a Justin Bieber concert

Question 15 1 pts

(Lesson 4.1: Steps in a Simulation Study.) Suppose that I have modelled the arriving
calls to a call center as a Poisson process. What do I have to carry out in order to
determine if that’s indeed a reasonable model assumption?

a. Problem formulation

b. Model validation

c. Model verification

d. Attend a Justin Bieber concert

Question 16 1 pts
(Lesson 4.2: Some Useful Definitions.) Which of the following times could be
regarded as events? (There may be more than one correct answer.)

a. Customers arrive at Justin's concert venue

b. Justin forgets a lyric

c. Justin sings the wrong note

d. Angry customers depart the venue

e. A customer is 11 years old

Question 17 1 pts

(Lesson 4.2: Some Useful Definitions.) TRUE or FALSE? Customer waiting times are
activities because these are typically explicitly specified in the simulation.

True

False

Question 18 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? The simulation clock


time is a variable.

True

False

Question 19 1 pts
(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? The simulation clock
time always equals real time.

True

False

Question 20 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? In this class, time


always moves forward.

True

False

Question 21 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? A fixed-increment time-


advance mechanism is used primarily in continuous-time models such as those
involving differential equations.

True

False

Question 22 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? A next-event time-


advance mechanism is typically used in queueing models involving customer arrivals,
services, and departures.
True

False

Question 23 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? The future events list
contains all known upcoming events, including arrival times, departure times, and
machine breakdown times.

True

False

Question 24 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? The FEL can be


updated any time an event occurs.

True

False

Question 25 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? It is possible for the


system state to change between consecutive event times.

True

False
Question 26 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? In a simulation using the


“next-event” time-advance mechanism, the simulation clock moves to the most-
imminent event.

True

False

Question 27 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? When a new event


occurs, the simulation may update the chronological order of the FEL’s events by
inserting new events, deleting events, moving them around, or even doing nothing.

True

False

Question 28 1 pts

(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? Almost every discrete-


event computer simulation language maintains a FEL somewhere.

True

False

Question 29 1 pts
(Lesson 4.3: Time-Advance Mechanisms.) TRUE or FALSE? In Arena, you are
responsible for maintaining the language’s FEL.

True

False

Question 30 1 pts

(Lesson 4.4: Two Modeling Approaches.) Which is generally the easier simulation
modeling approach — Event-Scheduling or Process-Interaction?

a. Event-Scheduling

b. Process-Interaction

Question 31 1 pts

(Lesson 4.4: Two Modeling Approaches.) Which is the modeling approach adopted by
Arena — Event-Scheduling or Process-Interaction?

a. Event-Scheduling

b. Process-Interaction

Question 32 1 pts

(Lesson 4.4: Two Modeling Approaches.) TRUE or FALSE? A simulation language


incorporating the P-I approach considers the events that a generic customer
undergoes as it passes through the system, and then automatically does the
bookkeeping to keep track of how all such customers interact with each other.
True

False

Question 33 1 pts

(Lesson 4.5: Simulation Languages.) How many simulation languages are there?

a. Just a few.

b. 5-10.

c. 10-50.

d. >>50.

Question 34 1 pts

(Lesson 4.5: Simulation Languages.) Where can you learn about simulation
languages? (There may be more than one correct answer.)

a. Right here, right now!

b. Simulation language textbooks

c. The Winter Simulation Conference

d. Vendor short courses

e. The Justin Bieber School of Hard Knox. (Nice spelling, Justin.)

Question 35 1 pts

(Lesson 4.5: Simulation Languages.) When selecting a simulation language, what


characteristics do you have to take into consideration?
a. Cost

b. Ease of use

c. Modeling “world view” (e.g., event-scheduling or process-interaction)

d. Random variate generation capabilities

e. Output analysis capabilities

f. All of the above

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