ISYE6644 (Simulation) Midterm 1 QUESTIONS AND CORRECT ANSWERS

ISYE6644 (Simulation) Midterm 1 QUESTIONS AND CORRECT ANSWERS What are some characteristics of simulation models? - Correct Answer 1. Discrete (vs. continuous) 2. Stochastic (vs. deterministic) 3. Dynamic (vs. static) What is simulation? - Correct Answer Simulation is the imitation of a real-world process of system over time. Simulation involves the generation of an artificial history to draw inferences concerning the operating characteristics of the real system that is represented. What is simulation good for? - Correct Answer 1. Describe / analyze real or conceptual system behavior. 2. Ask "what if" questions. 3. Aid in system design and optimization 4. Can simulate almost anything What are the reasons to simulate? - Correct Answer 1. Will the system accomplish its goals? 2. Current system won't accomplish its goals, now what? 3. Need incremental improvement.