## Test your basic knowledge |

**Instructions:**

- Answer 50 questions in 15 minutes.
- If you are not ready to take this test, you can study here.
- Match each statement with the correct term.
- Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.

**1. What is another name for a normal distribution?**

**2. Weaknesses of TOPSis...**

**3. What is satisficing - what is optimizing?**

**4. What does the CLT state - be specific!**

**5. In what regions of the graph is UTE applicable?**

**6. What is the definition of inflation?**

**7. What two variables are necessary to define a normal distribution?**

**8. TIES Step 1: Problem Definition**

**9. What is TCM? What is the size and what value can it take?**

**10. What are the three snapshots of UTE?**

**11. What does CLT stand for?**

**12. What is the definition of ROI?**

**13. TIES Step 7: Assess Technology**

**14. Does TIES use MADM or MODM? Why?**

**15. If you have a two values on a CDF what is the probability of getting a value between them?**

**16. What is probability density contour plot**

**17. What does CDF stand for?**

**18. Ratio scale**

**19. TIF**

**20. interval scale**

**21. How do you get the CDF from the PDF?**

**22. Direct Operating Costs**

**23. Assumptions Used in TOPSis...**

**24. Why is learning curve used (or what is it?)**

**25. What are K- factors applied to?**

**26. What is the difference between price and cost?**

**27. 3 Measures of Central Tendency (& Defs)**

**28. 4 Measures of Dispersion**

**29. What are properties of a CDF?**

**30. Name the advantages of UTE.**

**31. What is TRL? Range? What does a high TRL mean?**

**32. Strengths of TOPSis...**

**33. Write down a formula for a normal distribution**

**34. Indirect Operating Cost**

**35. Why use uniform dist for input variables (Gap Analysis)**

**36. What can management do to mitigate the risk associated with infusing new technologies?**

**37. You have a group of 5 dice. You roll the groups and sum the results of the 5 dice 4 times. What is the sample size? What are you sampling?**

**38. TIES Step 3: Model and Simulation**

**39. With 15 technologies - what is the number of possible combinations?**

**40. $/RPM Equation**

**41. MODM**

**42. MADM**

**43. TIES Step 2: Design Space Conception**

**44. What are the parameters for a standard normal distribution?**

**45. What are the different types of UTEs?**

**46. TIES Step 4: Investigate Design Space**

**47. Is CDF discrete or continuous - if it is discrete give the continuous equivalent - if it continuous give the discrete equivalent.**

**48. What is the equation for present equivalent value? Define variables.**

**49. What does TOPSIS stand for?**

**50. What is the equation for OEC if X is a benefit (maximize) and N is a cost (minimize)?**