The time series pattern that reflects repeating variability within a single year is called the _____.
a. trend pattern
b. seasonal pattern
c. trend and seasonal pattern
d. cyclical pattern
Q. 2A simulation model used in situations where the state of the system at one point in time does not affect the state of the system at future points in time is called a
a. dynamic simulation model.
b. static simulation model.
c. steady-state simulation model.
d. discrete-event simulation model.
Q. 3A(n) ____________________ chart is not able to show frequencies. It can only show relative frequencies.
Fill in the blank(s) with correct word
Q. 4The time series pattern showing an alternating sequence of points below and above the trend line lasting more than one year is the _____.
a. trend pattern
b. seasonal pattern
c. trend and seasonal pattern
d. cyclical pattern
Q. 5Simulation
a. does not guarantee optimality.
b. is flexible and does not require the assumptions of theoretical models.
c. allows testing of the system without affecting the real system.
d. All of the alternatives are correct.
Q. 6A(n) ____________________ distribution lists the categories of a nominal variable and the proportion with which each occurs.
Fill in the blank(s) with correct word
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