managerial application of simulation

  • 1Modeling and simulation — (M S) is the use of models, including emulators, prototypes, simulators, and stimulators, either statically or over time, to develop data as a basis for making managerial or technical decisions. The terms modeling and simulation are often used… …

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  • 2Operations research — For the academic journal, see Operations Research: A Journal of the Institute for Operations Research and the Management Sciences. Operations research (also referred to as decision science, or management science) is an interdisciplinary… …

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  • 3operations research — the analysis, usually involving mathematical treatment, of a process, problem, or operation to determine its purpose and effectiveness and to gain maximum efficiency. [1940 45, Amer.] * * * Application of scientific methods to management and… …

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  • 4Strategic management — is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments.[1] It entails specifying… …

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  • 5Decision support system — Example of a Decision Support System for John Day Reservoir. A decision support system (DSS) is a computer based information system that supports business or organizational decision making activities. DSSs serve the management, operations, and… …

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  • 6Corporate finance — Corporate finance …

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  • 7Syndrome d'épuisement professionnel — Pour les articles homonymes, voir burnout et épuisement. Syndrome d épuisement professionnel Classification et ressources externes …

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  • 8System of systems — is a moniker for a collection of task oriented or dedicated systems that pool their resources and capabilities together to obtain a new, more complex, meta system which offers more functionality and performance than simply the sum of the… …

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  • 9Information technology audit process — Information technology audit process:Generally Accepted Auditing Standards (GAAS)In 1947, the American Institute of Certified Public Accountants (AICPA) adopted GAAS to establish standards for audits. The standards cover the following three… …

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  • 10Real options valuation — Real options valuation, also often termed Real options analysis,[1] (ROV or ROA) applies option valuation techniques to capital budgeting decisions.[2] A real option itself, is the right but not the obligation to undertake some business decision; …

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