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Simulation with Arena questions;
1) Chi-Square and Kolmogorov-Smirnov Tests are the best way to determine if we have run enough simulation replications.
TRUE
FALSE
2) A student-t based half-width calculation is the best way to determine if we have collected enough data points.
True
False
3) There are 3 different types of data we collect and analyze to drive our simulation models;
1. Clock times
2. Service times
3. Inter-arrival times
Why is this the case? What determines how effective a president will be in influencing Congress?
You deposit $8,000 into a retirement account at the end of the next 12 years earning 10% interest, what is the future value of your retirement after 12 years?
Inventory and Littles Law
A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% chance it will still be broken tomorrow. Assume that one day is a na..
created the second largest government agency in the country. Are these alleged criticisms valid, or did a new need exist?
It can be argued that most all companies have programs in place to manage ESH issues in the facility. How does having such systems in place differ from a management systems approach?
Bruce Church, Inc. is a company engaged in extensive commercial farming in Arizona and California. A provision of the Arizona Fruit and Vegetable Standardization Act requires that all cantaloupes grown in Arizona "be packed in regular compact arrange..
The Chinese workers agreed to wear the white uniforms if they could wear gray caps. The compromise made everyone happy. This cultural sensitivity is an example of how manipulates organizations.
In what format should the training be given, and why? What modalities will be used for employees on multiple shifts or in multiple locations?
Discuss the various types of intellectual or cognitive stumbling blocks that one can face when trying to make a responsible ethical decision.
Suppose you want to retain your two best employees. What strategies would you use to encourage them to stay with the firm, and why? Which step of the HR planning process seems most challenging and why?
When corporations make charitable contributions, the rules are different than those that govern individual donations. What kind of limits apply to corporations?
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