1.)The random number 0.63 has been selected. The corresponding sample observation, x, from a normal distribution is determined by the relationship:

a.) x is "the probability that the normally distributed quantity is <= 0.63"

b.) x is the number such that "the probability that the normally distributed quantity is <= x equals 0.63"

c.) x is the number such that "the probability that the normally distributed quantity equals x" is 0.63

d.) none of the above 2.) In a typical simulation model, input provided by the manager includes

a.) values for the parameters

b.) values for the decision variables

c.) a value for the performance measure

d.) all of the above

e.) both a) and b).

3.) An advantage of simulation, as opposed to optimization, is that

a.) often multiple measures of goodness can be examined

b.) some appreciation of variability of outcomes of interest can be obtained

c.) more complex scenarios can be studied

d.) all of the above