Q1. What are the characteristics to be considered while building a simulation model? Describe the fundamental steps required to make a simulation study.
Q2. Describe the Acceptance-Rejection Method for the generation of the pseudo-random numbers.
Q3. Validate the use of simulation method in queuing systems. As well, explain the simulation study of a single-server queue system.
Q4. Write brief note on the given:
a) Box-Muller Transformation for producing a sample from standardized normal distribution.
b) Discrete-system simulation languages.
Q5. Write brief notes on the given:
a) Economic interpretation of duality in linear programming.
b) Sensitivity Analysis for the Linear Programming.
Q6. Give the mathematical formulation of the assignment problem and describe the method of resolving a maximization assignment problem.