Simulation monte carlo - Guides d'étude, Notes de cours & Résumés

1. As the project manager, you have the option of proposing one of three systems to a client: a full-feature system that not only satisfies the minimum requirements but also offers numerous special functions (the "Mercedes"); a system that meets the client's minimum requirements (the "Yugo"); and a system that satisfies the minimum requirements plus has a few extra features (the "Toyota"). The on-time records and associated profits and losses are depicted on the below decision tree. What ...

T/F: as Monte Carlo simulation is essentially statistical sampling, the larger the number of trials used, the more precise the results. - ANSWER-True T/F: Uniform or triangular distributions are used in the absence of data. - ANSWER-True T/F: Risk analysis seeks to examine the impact of uncertain inputs on various outputs. - ANSWER-True T/F: In the context of simulation, random numbers are numbers that are uniformly distributed between 0 and 9. - ANSWER-False T/F: A value randomly ge...

FIN202-Chapter 12 (Key Full) Questions and Answers | Latest Update | Graded A+ 41. If a firm were interested in knowing the effect of a single input change on the net present value of a project, then the firm would most likely want to perform A) a Monte Carlo simulation. B) scenario analysis. C) sensitivity analysis. D) none of the above. C 42. If a firm wanted to find the effect of a change in the variable cost per unit of production on the net present value of a project, then...

AIDA 182 Risk and Insurance Analysis Techniques Exam Prep| Questions and Verified Answers| 100% Correct (Latest 2023/ 2024 Update) Q: exposure Answer: Any condition that presents a possibility of gain or loss, whether or not an actual loss occurs; provides a measure of the maximum potential damage associated with an occurrence Q: volatility Answer: Frequent fluctuations, such as in the price of an asset; provides a basic measure that can be applied to risk outcomes Q...

performance objectives - cORRECT sOLUTIONS Monitoring risk process: developing risk metrics integrated with _______________ monitoring schedules - cORRECT sOLUTIONS Monitoring risk process: Establishing _________________ to check progress over time expected value of the of the collective objectives - cORRECT sOLUTIONS Monitoring risk process: validating whether the ___________________ from making risk-informed decisions and implementing risk solutions have been achieved Site analysi...

Complete Solutions Manual for Business Analytics, 5th Edition by Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann ; ISBN13: 9780357902202. (Full Chapters included Chapter 1 to 17). Excel solutions included... 1. Introduction. 2. Descriptive Statistics. 3. Data Visualization. 4. Data Wrangling. 5. Probability: An Introduction to Modeling Uncertainty. 6. Descriptive Data Mining. 7. Statistical Inference. 8. Linear Regression. 9. Time Series Analysis and Forecasting. 10. Predic...

ARM Active Risk Manager - LCPL standard toolset or Enterprise Risk Management Basis of Schedule A formal document that records the key determinants behind the development of the program. As such it represents the primary reference document which underpins the program's construction Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More C+P Owner Owner of the project's Controls and Planning function. Solely...

A risk map showing a large difference between inherent and residual risk indicates which one of the following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated - C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential loss of supply and risks to the infrastructure. Lucas must now de...

Risks The effect of uncertainty on objectives The chance of something happening that will have an impact on objectives Being prepared for the worst and being poised to exploit opportunities as they are discovered Enterprise Risk Management A strategic business discipline that supports the achievement of an organization's objectives by addressing the full spectrum of its risks and managing the combined impact of those risks as an interrelated risk portfolio. Support Function: B...

A risk map showing a large difference between inherent and residual risk indicates which one ofthe following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated - C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential loss of supply and risks to the infrastructure. Lucas must now decide...