Business decision simulation
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Business decision simulation a time-sharing approach by J. Ronald Frazer

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Published by Reston Pub. Co. in Reston, Va .
Written in English


  • Management games.,
  • Time-sharing computer systems.

Book details:

Edition Notes

StatementJ. Ronald Frazer.
LC ClassificationsHD20.7 .F73
The Physical Object
Paginationvii, 158 p. ;
Number of Pages158
ID Numbers
Open LibraryOL5062718M
ISBN 100879091134
LC Control Number74028036

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Introduction to Business Analytics Using Simulation employs an innovative strategy to teach business analytics. It uses simulation modeling and analysis as mechanisms to introduce and link predictive and prescriptive modeling. With its focus on the uncertainty and variability of business, this comprehensive book provides a better foundation. This tutorial teaches you how to use the statistical programming language R to develop a business case simulation and analysis. It presents a methodology for conducting business case analysis that - Selection from Business Case Analysis with R: Simulation Tutorials to Support Complex Business Decisions [Book].   Well, business simulation learning engagements can provide participants with immediate skills that will have direct impacts on business performance and improved business decision making. They provide participants with the opportunity to run and make decisions for a total business enterprise and understand the complete system of business. ISBN: X OCLC Number: Description: pages 19 cm. Contents: Business decisions --The Monte Carlo method --The mechanics of simulation --Some applications of simulation --The role of the computer --The analysis of risk --Simulation as a planning Title: Penguin Education.; Penguin modern management texts.

The textbook is based on the lecture notes of “Business Process Modeling and Simulation” course, which was delivered in May and September-October for postgraduate students at Helsinki University of Technology. The basic idea of the book is to consider the capabilities of M&S applied to the BP analysis and synthesis. Additional Physical Format: Online version: Frazer, J. Ronald. Business decision simulation. Reston, Va.: Reston Pub. Co., [] (OCoLC) This book describes computer simulation concepts then provides basic details about using discrete-event computer simulation for decision making. Input data collection and analysis, model construction, project mechanics, output analysis, verification, validation, reporting, logic transfer, and robust experimental design are all covered in detail/5(32). Business simulation for decision making. William C. House. 0 Reviews. From inside the book. What people are saying - Write a review. We haven't found any reviews in the usual places. Contents. The Meaning of Simulation. Business & Economics / Decision-Making & Problem Solving Education / Decision-Making & Problem Solving.

The book is suitable for graduate students or advanced undergraduates in business, public policy, health care administration, or any field amenable to simulation modeling of decision problems. The book is also useful for applied practitioners seeking . About the Book This is a book for business analysts about modeling. A model is a simplified representation of a situation or problem, and modeling is the process of building, refining, and analyzing that representation for greater insight and improved decision making. Business Simulation for Strategic Thinking / Business Acumen / Cross-Functional Decision Making / Customer Centricity At: Can be conducted anywhere in India or World as per client need Categories: Leadership Development, Coaching & Strategy, Retail, Business Simulation, Entrepreneurship, Business Plans - Entrepreneurship. Business simulation is simulation used for business training, education 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, decision making, problem solving, financial analysis, market analysis, operations, teamwork and leadership.