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NEW QUESTION: 1
You can track costs at what granularity level in Cost Accounting for the actual costing method?
A. Subinventory. Lot, Serial, Grade
B. Grade, Subinventory, Locator, Serial
C. Subinventory, Make, Lot, Serial
D. Grade, Serial, Group, Lot
E. Subinventory, Lot, Serial, Locator
Answer: A
NEW QUESTION: 2
Which of the following techniques is used to generate multivariate normal random numbers that are correlated?
A. Simulation
B. Cholesky decomposition of the correlation matrix
C. Markov process
D. Pseudo random number generator
Answer: B
Explanation:
Explanation
A PRNG (pseudo random number generators of the kind included in statistical packages and Excel) is used to generate random numbers that are not correlated with each other, ie they are random. A Markov process is a stochastic model that depends only upon its current state. Simulation underlies many financial calculations.
None of these directly relate to generating correlated multivariate normal random numbers. That job is done utilizing a Cholesky decomposition of the correlation matrix.
Specifically, a Cholesky decomposition involves the factorization of the correlation matrix into a lower triangular matrix (a square matrix all of whose entries above the diagonal are zero) and its transpose. This can then be combined with random numbers to generate a set of correlated normal random numbers. This technique is used for calculating Monte Carlo VaR.
NEW QUESTION: 3
A company has 700 servers installed in 50 server racks in the datacenter. The Chief Technology Officer issued a memorandum to the IT department with a directive to reduce power and cooling consumptions by 50% in the datacenters. Which of the following should the system administrators recommend?
A. Replace each server with a blade server
B. Virtualize the servers in the datacenter
C. Implement hot aisle / cold aisle
D. Implement 208V 3-phase servers
Answer: B