## 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. TIES Step 6: Identify Technology**

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

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

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

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

**6. TIF**

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

**8. Why do we use a sample?**

**9. Ratio scale**

**10. interval scale**

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

**12. 4 Measures of Dispersion**

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

**14. Name two uncertainties accounted for by UTE. What metric does UTE use to quantify this risk?**

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

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

**17. Assumptions Used in TOPSis...**

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

**19. TIES Step 5: Feasible?**

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

**21. What are the four difference life cycle costs?**

**22. Indirect Operating Cost**

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

**24. 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?**

**25. If you have two compatible mature technologies to infuse - or one not mature technology - which will have the most variance?**

**26. Weaknesses of TOPSis...**

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

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

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

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

**31. What is the goal of probabilistic design?**

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

**33. 8 Steps in TIES**

**34. What is the notation for a standard normal distribution?**

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

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

**37. $/RPM Equation**

**38. Direct Operating Costs**

**39. Define fixed cost and variable cost.**

**40. MADM**

**41. Show and explain a pareto frontier**

**42. What is the normal distribution that results from adding x+y and x[sub]y?**

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

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

**45. What is the definition of CDF?**

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

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

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

**49. How is inflation measured?**

**50. Other than infusing technologies - how can you create design space?**