## 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 the definition of ROI?**

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

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

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

**6. TIF**

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

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

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

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

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

**12. interval scale**

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

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

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

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

**17. TIES**

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

**19. $/RPM Equation**

**20. Define fixed cost and variable cost.**

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

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

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

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

**25. Name the advantages of UTE.**

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

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

**28. 3 Probabilistic Design Methods**

**29. 4 Measures of Dispersion**

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

**31. Direct Operating Costs**

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

**33. MODM**

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

**35. Ratio scale**

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

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

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

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

**40. Strengths of TOPSis...**

**41. MADM**

**42. Why is the normal distribution useful or important?**

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

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

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

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

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

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

**49. How is inflation measured?**

**50. Indirect Operating Cost**