The Use Of Simulation In Management Analysis

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Introduction to Business Analytics Using Simulation

Author : Jonathan P. Pinder
Publisher : Academic Press
ISBN 13 : 0323991173
Total Pages : 513 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Introduction to Business Analytics Using Simulation by : Jonathan P. Pinder

Download or read book Introduction to Business Analytics Using Simulation written by Jonathan P. Pinder and published by Academic Press. This book was released on 2022-02-06 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business Analytics Using Simulation, Second Edition employs an innovative strategy to teach business analytics. The book uses simulation modeling and analysis as mechanisms to introduce and link predictive and prescriptive modeling. Because managers can't fully assess what will happen in the future, but must still make decisions, the book treats uncertainty as an essential element in decision-making. Its use of simulation gives readers a superior way of analyzing past data, understanding an uncertain future, and optimizing results to select the best decision. With its focus on uncertainty and variability, this book provides a comprehensive foundation for business analytics. Students will gain a better understanding of fundamental statistical concepts that are essential to marketing research, Six-Sigma, financial analysis, and business analytics. Teaches managers how they can use business analytics to formulate and solve business problems to enhance managerial decision-making Explains the processes needed to develop, report and analyze business data Describes how to use and apply business analytics software Offers expanded coverage on the value and application of prescriptive analytics Includes a wealth of illustrative exercises that are newly organized by difficulty level Winner of the 2017 Textbook and Academic Authors Association's (TAA) Most Promising New Textbook Award in the prior edition

Simulation Modeling and Analysis with Expertfit Software

Author : Averill Law
Publisher : McGraw-Hill Science/Engineering/Math
ISBN 13 : 9780073294414
Total Pages : 792 pages
Book Rating : 4.2/5 (944 download)

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Book Synopsis Simulation Modeling and Analysis with Expertfit Software by : Averill Law

Download or read book Simulation Modeling and Analysis with Expertfit Software written by Averill Law and published by McGraw-Hill Science/Engineering/Math. This book was released on 2006-07-21 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the first edition in 1982, the goal of Simulation Modeling and Analysis has always been to provide a comprehensive, state-of-the-art, and technically correct treatment of all important aspects of a simulation study. The book strives to make this material understandable by the use of intuition and numerous figures, examples, and problems. It is equally well suited for use in university courses, simulation practice, and self study. The book is widely regarded as the “bible” of simulation and now has more than 100,000 copies in print. The book can serve as the primary text for a variety of courses; for example: • A first course in simulation at the junior, senior, or beginning-graduate-student level in engineering, manufacturing, business, or computer science (Chaps. 1 through 4, and parts of Chaps. 5 through 9). At the end of such a course, the students will be prepared to carry out complete and effective simulation studies, and to take advanced simulation courses. • A second course in simulation for graduate students in any of the above disciplines (most of Chaps. 5 through 12). After completing this course, the student should be familiar with the more advanced methodological issues involved in a simulation study, and should be prepared to understand and conduct simulation research. • An introduction to simulation as part of a general course in operations research or management science (part of Chaps. 1, 3, 5, 6, and 9).

The Use of Simulation in Management Analysis

Author : Donald G. Malcolm
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.X/5 (3 download)

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Book Synopsis The Use of Simulation in Management Analysis by : Donald G. Malcolm

Download or read book The Use of Simulation in Management Analysis written by Donald G. Malcolm and published by . This book was released on 1958 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Use of Simulation in Management Analysis. A Survey and Bibliography

Author :
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis The Use of Simulation in Management Analysis. A Survey and Bibliography by :

Download or read book The Use of Simulation in Management Analysis. A Survey and Bibliography written by and published by . This book was released on 1959 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Design and Analysis of Simulation Experiments

Author : Jack P.C. Kleijnen
Publisher : Springer Science & Business Media
ISBN 13 : 0387718133
Total Pages : 229 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Design and Analysis of Simulation Experiments by : Jack P.C. Kleijnen

Download or read book Design and Analysis of Simulation Experiments written by Jack P.C. Kleijnen and published by Springer Science & Business Media. This book was released on 2007-11-15 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulation is a widely used methodology in all Applied Science disciplines. This textbook focuses on this crucial phase in the overall process of applying simulation, and includes the best of both classic and modern methods of simulation experimentation. This book will be the standard reference book on the topic for both researchers and sophisticated practitioners, and it will be used as a textbook in courses or seminars focusing on this topic.

Statistics, Testing, and Defense Acquisition

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309174198
Total Pages : 240 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Statistics, Testing, and Defense Acquisition by : National Research Council

Download or read book Statistics, Testing, and Defense Acquisition written by National Research Council and published by National Academies Press. This book was released on 1998-05-08 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: For every weapons system being developed, the U.S. Department of Defense (DOD) must make a critical decision: Should the system go forward to full-scale production? The answer to that question may involve not only tens of billions of dollars but also the nation's security and military capabilities. In the milestone process used by DOD to answer the basic acquisition question, one component near the end of the process is operational testing, to determine if a system meets the requirements for effectiveness and suitability in realistic battlefield settings. Problems discovered at this stage can cause significant production delays and can necessitate costly system redesign. This book examines the milestone process, as well as the DOD's entire approach to testing and evaluating defense systems. It brings to the topic of defense acquisition the application of scientific statistical principles and practices.

Process Simulation Using WITNESS

Author : Raid Al-Aomar
Publisher : John Wiley & Sons
ISBN 13 : 0470371692
Total Pages : 590 pages
Book Rating : 4.4/5 (73 download)

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Book Synopsis Process Simulation Using WITNESS by : Raid Al-Aomar

Download or read book Process Simulation Using WITNESS written by Raid Al-Aomar and published by John Wiley & Sons. This book was released on 2015-09-15 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: Teaches basic and advanced modeling and simulation techniques to both undergraduate and postgraduate students and serves as a practical guide and manual for professionals learning how to build simulation models using WITNESS, a free-standing software package. This book discusses the theory behind simulation and demonstrates how to build simulation models with WITNESS. The book begins with an explanation of the concepts of simulation modeling and a “guided tour” of the WITNESS modeling environment. Next, the authors cover the basics of building simulation models using WITNESS and modeling of material-handling systems. After taking a brief tour in basic probability and statistics, simulation model input analysis is then examined in detail, including the importance and techniques of fitting closed-form distributions to observed data. Next, the authors present simulation output analysis including determining run controls and statistical analysis of simulation outputs and show how to use these techniques and others to undertake simulation model verification and validation. Effective techniques for managing a simulation project are analyzed, and case studies exemplifying the use of simulation in manufacturing and services are covered. Simulation-based optimization methods and the use of simulation to build and enhance lean systems are then discussed. Finally, the authors examine the interrelationships and synergy between simulation and Six Sigma. Emphasizes real-world applications of simulation modeling in both services and manufacturing sectors Discusses the role of simulation in Six Sigma projects and Lean Systems Contains examples in each chapter on the methods and concepts presented Process Simulation Using WITNESS is a resource for students, researchers, engineers, management consultants, and simulation trainers.

A Bibliography on the Use of Simulation in Management Analysis

Author : System Development Corporation
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (25 download)

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Book Synopsis A Bibliography on the Use of Simulation in Management Analysis by : System Development Corporation

Download or read book A Bibliography on the Use of Simulation in Management Analysis written by System Development Corporation and published by . This book was released on 1959 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Simio and Simulation: Modeling, Analysis, Applications

Author : Jeffrey S. Smith
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781542933117
Total Pages : 0 pages
Book Rating : 4.9/5 (331 download)

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Book Synopsis Simio and Simulation: Modeling, Analysis, Applications by : Jeffrey S. Smith

Download or read book Simio and Simulation: Modeling, Analysis, Applications written by Jeffrey S. Smith and published by Createspace Independent Publishing Platform. This book was released on 2017-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book opens up the world of simulation to you by providing the basics of general simulation techonology, identifying the skills needed for successful simulation projects, and introducting a state-of-the-art simulation package." --

Business Simulation

Author : Markus Baum
Publisher : GRIN Verlag
ISBN 13 : 3656198268
Total Pages : 63 pages
Book Rating : 4.6/5 (561 download)

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Book Synopsis Business Simulation by : Markus Baum

Download or read book Business Simulation written by Markus Baum and published by GRIN Verlag. This book was released on 2012-05-24 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Template, Example from the year 2010 in the subject Business economics - Operations Research, The University of Surrey (School of Management), language: English, abstract: Abstract Business simulation is simulation used for business training or analysis. It can be scenario-based or numeric-based. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership (WIKIPEDIA). The authors participated in a simulation. The results and mistakes are discussed in this presentation. The authors also discuss the theoretical foundations. This book contains the presentations illustrated and supplemented by explanatory texts. Content 1. Team Organisation 2. Environmental and internal strategic analysis 3. Strategic brief 4. Strategy review 5. Internal control system 6. Financial analysis 7. Conclusion Keyword Business simulation, reflection report, automotive industry, Team Organisation, Environmental and internal strategic analysis, strategic brief, strategy review, internal control system, financial analysis, conclusion, leadership, teamwork, storming, norming, forming, performing, PESTEL, Porter diamond, Porters five forces, start up, market penetration, profitability, new products, relaunch, R&D, KPI, Product portfolio and target markets, SOWT, marketing mix, 4 P, Product, Price, Promotion, Place, Plan, Results, Lessons learned, miscommunication, communication process, COSO, Internal control framework, 5 year trend, profitability analysis, efficiency analysis, investment analysis,

Simulation Modeling and Analysis

Author : Averill M. Law
Publisher : McGraw-Hill Companies
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Simulation Modeling and Analysis by : Averill M. Law

Download or read book Simulation Modeling and Analysis written by Averill M. Law and published by McGraw-Hill Companies. This book was released on 1982 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Design and Analysis of Simulation Experiments

Author : Jack P.C. Kleijnen
Publisher : Springer
ISBN 13 : 3319180878
Total Pages : 334 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Design and Analysis of Simulation Experiments by : Jack P.C. Kleijnen

Download or read book Design and Analysis of Simulation Experiments written by Jack P.C. Kleijnen and published by Springer. This book was released on 2015-07-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new edition of Kleijnen’s advanced expository book on statistical methods for the Design and Analysis of Simulation Experiments (DASE). Altogether, this new edition has approximately 50% new material not in the original book. More specifically, the author has made significant changes to the book’s organization, including placing the chapter on Screening Designs immediately after the chapters on Classic Designs, and reversing the order of the chapters on Simulation Optimization and Kriging Metamodels. The latter two chapters reflect how active the research has been in these areas. The validation section has been moved into the chapter on Classic Assumptions versus Simulation Practice, and the chapter on Screening now has a section on selecting the number of replications in sequential bifurcation through Wald’s sequential probability ration test, as well as a section on sequential bifurcation for multiple types of simulation responses. Whereas all references in the original edition were placed at the end of the book, in this edition references are placed at the end of each chapter. From Reviews of the First Edition: “Jack Kleijnen has once again produced a cutting-edge approach to the design and analysis of simulation experiments.” (William E. BILES, JASA, June 2009, Vol. 104, No. 486)

Technical Reports on the Use of Simulation in Management Analysis, Library Cataloging and Classification, Information Storage and Retrieval Systems, Information Processing in Command and Control Systems, Air Traffic Control, the SATIN Information System, a Users Guide for Manual PERT Operation, Decision-theory, and a Monte Carlo Simulation of the Saccs Data Processing Central

Download Technical Reports on the Use of Simulation in Management Analysis, Library Cataloging and Classification, Information Storage and Retrieval Systems, Information Processing in Command and Control Systems, Air Traffic Control, the SATIN Information System, a Users Guide for Manual PERT Operation, Decision-theory, and a Monte Carlo Simulation of the Saccs Data Processing Central PDF Online Free

Author : System Development Corporation
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (32 download)

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Book Synopsis Technical Reports on the Use of Simulation in Management Analysis, Library Cataloging and Classification, Information Storage and Retrieval Systems, Information Processing in Command and Control Systems, Air Traffic Control, the SATIN Information System, a Users Guide for Manual PERT Operation, Decision-theory, and a Monte Carlo Simulation of the Saccs Data Processing Central by : System Development Corporation

Download or read book Technical Reports on the Use of Simulation in Management Analysis, Library Cataloging and Classification, Information Storage and Retrieval Systems, Information Processing in Command and Control Systems, Air Traffic Control, the SATIN Information System, a Users Guide for Manual PERT Operation, Decision-theory, and a Monte Carlo Simulation of the Saccs Data Processing Central written by System Development Corporation and published by . This book was released on 1958 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Introduction to Simulation and Risk Analysis

Author : James Robert Evans
Publisher :
ISBN 13 :
Total Pages : 416 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Introduction to Simulation and Risk Analysis by : James Robert Evans

Download or read book Introduction to Simulation and Risk Analysis written by James Robert Evans and published by . This book was released on 2002 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulation fundamentals : Introduction to Simulation - Simulation Using Excel - Probability and Statistics in Simulation - Simulation in risk analysis : Risk Analysis Using Crystal Ball - Applications of Risk Analysis - Building System Simulation Models - Systems simulation : Output Analysis and Experimentation for Systems Simulation - Systems Simulation Using ProcessModel - Applications of Systems Simulation - Extensions of simulation : Simulation in Forecasting and Optimization.

Simulation Modeling and Analysis with ARENA

Author : Tayfur Altiok
Publisher : Elsevier
ISBN 13 : 0080548954
Total Pages : 462 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis Simulation Modeling and Analysis with ARENA by : Tayfur Altiok

Download or read book Simulation Modeling and Analysis with ARENA written by Tayfur Altiok and published by Elsevier. This book was released on 2010-07-26 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulation Modeling and Analysis with Arena is a highly readable textbook which treats the essentials of the Monte Carlo discrete-event simulation methodology, and does so in the context of a popular Arena simulation environment. It treats simulation modeling as an in-vitro laboratory that facilitates the understanding of complex systems and experimentation with what-if scenarios in order to estimate their performance metrics. The book contains chapters on the simulation modeling methodology and the underpinnings of discrete-event systems, as well as the relevant underlying probability, statistics, stochastic processes, input analysis, model validation and output analysis. All simulation-related concepts are illustrated in numerous Arena examples, encompassing production lines, manufacturing and inventory systems, transportation systems, and computer information systems in networked settings. Introduces the concept of discrete event Monte Carlo simulation, the most commonly used methodology for modeling and analysis of complex systems Covers essential workings of the popular animated simulation language, ARENA, including set-up, design parameters, input data, and output analysis, along with a wide variety of sample model applications from production lines to transportation systems Reviews elements of statistics, probability, and stochastic processes relevant to simulation modeling

Research Anthology on Business and Technical Education in the Information Era

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1799853462
Total Pages : 1448 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Research Anthology on Business and Technical Education in the Information Era by : Management Association, Information Resources

Download or read book Research Anthology on Business and Technical Education in the Information Era written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-01-08 with total page 1448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fourth Industrial Revolution has disrupted businesses worldwide through the introduction of highly automated processes. This disruption has affected the way in which companies conduct business, impacting everything from managerial styles to resource allocations to necessary new skillsets. As the business world continues to change and evolve, it is imperative that business education strategies are continuously revised and updated in order to adequately prepare students who will be entering the workforce as future entrepreneurs, executives, and marketers, among other careers. The Research Anthology on Business and Technical Education in the Information Era is a vital reference source that examines the latest scholarly material on pedagogical approaches in finance, management, marketing, international business, and other fields. It also explores the implementation of curriculum development and instructional design strategies for technical education. Highlighting a range of topics such as business process management, skill development, and educational models, this multi-volume book is ideally designed for business managers, business and technical educators, entrepreneurs, academicians, upper-level students, and researchers.

Business Process Modeling, Simulation and Design:

Author : Manuel Laguna, Johan Marklund
Publisher : Pearson Education India
ISBN 13 : 9332511705
Total Pages : 444 pages
Book Rating : 4.3/5 (325 download)

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Book Synopsis Business Process Modeling, Simulation and Design: by : Manuel Laguna, Johan Marklund

Download or read book Business Process Modeling, Simulation and Design: written by Manuel Laguna, Johan Marklund and published by Pearson Education India. This book was released on 2011 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Process Modeling, Simulation and Design covers the design of business processes from a broad quantitative modeling perspective. The text presents a multitude of analytical tools that can be used to model, analyze, understand and ultimately, to design business processes. The range of topics in this text include graphical flowcharting tools, deterministic models for cycle time analysis and capacity decisions, analytical queuing methods, as well as the use of Data Envelopment Analysis (DEA) for benchmarking purposes. And a major portion of the book is devoted to simulation modeling using a state of the art discrete-event simulation package.