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Question Paper 16-10-2024-1

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0% found this document useful (0 votes)
48 views3 pages

Question Paper 16-10-2024-1

Uploaded by

sidlat7676
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Section A: Multiple Choice Questions (MCQs)

(Each question carries 1 mark)

1. Which of the following best describes a deterministic model?


o a) A model that accounts for randomness.
o b) A model that always gives the same output for a given input.
o c) A model that depends on probability distributions.
o d) A model that uses random variables to predict outcomes.
2. In deterministic models, uncertainty is:
o a) Incorporated through probability.
o b) Completely ignored.
o c) Modeled through random events.
o d) Addressed using statistical analysis.
3. Which mathematical approach is most likely used in deterministic models?
o a) Linear programming.
o b) Stochastic processes.
o c) Monte Carlo simulations.
o d) Bayesian inference.
4. A deterministic model for traffic flow would assume that:
o a) All drivers follow traffic rules perfectly.
o b) Traffic conditions change randomly.
o c) Random accidents are accounted for.
o d) There is variability in driving behavior.
5. In a deterministic inventory model, the demand rate is:
o a) Constant and known.
o b) Variable and uncertain.
o c) Derived from a probability distribution.
o d) Based on historical fluctuations.
6. A deterministic linear model is characterized by:
o a) Random coefficients.
o b) Fixed coefficients.
o c) Both random and fixed coefficients.
o d) Nonlinear relationships.
7. Which of the following is not a feature of deterministic models?
o a) Predictable outcomes.
o b) Known relationships between variables.
o c) Dependence on random variables.
o d) Constant system behavior over time.
8. In deterministic modeling, sensitivity analysis is used to:
o a) Assess the impact of uncertainty.
o b) Determine how outcomes change with different inputs.
o c) Model random variations.
o d) Account for errors in the model.
9. Which of these systems can be modeled deterministically?
o a) The weather system.
o b) Traffic at a four-way stop.
o c) Stock market fluctuations.
o d) Casino slot machine outcomes.
10. When using a deterministic model to predict population growth, which of the
following is assumed?

 a) The growth rate varies randomly.


 b) The growth rate is constant and known.
 c) Birth and death rates fluctuate unpredictably.
 d) External factors like natural disasters affect the population.
Short Essay Questions (SEQs)

(Each question carries 5 marks)

1. Explain the key differences between deterministic and stochastic models. Provide
examples to illustrate how each type of model would approach a real-world problem
like inventory management.

2. Discuss the limitations of deterministic models in handling real-world uncertainties.


How can deterministic models still be useful despite these limitations? Use examples
from business or engineering to support your answer.

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