## 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 the normal distribution that results from adding x+y and x[sub]y?**

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

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

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

**5. Assumptions Used in TOPSis...**

**6. MADM**

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

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

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

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

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

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

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

**14. 8 Steps in TIES**

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

**16. interval scale**

**17. 3 Measures of Central Tendency (& Defs)**

**18. What is the equation for the learning curve?**

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

**20. How is inflation measured?**

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

**22. Name the advantages of UTE.**

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

**24. Define fixed cost and variable cost.**

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

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

**27. 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?**

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

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

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

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

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

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

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

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

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

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

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

**39. Direct Operating Costs**

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

**41. Strengths of TOPSis...**

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

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

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

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

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

**47. TIES**

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

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

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