## 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 TRL? Range? What does a high TRL mean?**

**2. TIES Step 8: Selecting Technology**

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

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

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

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

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

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

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

**10. Direct Operating Costs**

**11. 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?**

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

**13. Indirect Operating Cost**

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

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

**16. Weaknesses of TOPSis...**

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

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

**19. Define fixed cost and variable cost.**

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

**21. 3 Measures of Central Tendency (& Defs)**

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

**23. TIES**

**24. $/RPM Equation**

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

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

**27. Assumptions Used in TOPSis...**

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

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

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

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

**32. Ratio scale**

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

**34. What is the goal of robust design?**

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

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

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

**38. What can be done about uncertainty in requirement?**

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

**40. TIF**

**41. MADM**

**42. What is TIM? What is the size and what value can it take?**

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

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

**45. Why are scaling parameters important?**

**46. Strengths of TOPSis...**

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

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

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

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