Excel is probably the most popular spreadsheet software for PCs. Why? What can we do with this package that makes it so attractive for modeling efforts?
Answer to relevant QuestionsWhat is the difference between decision analysis with a single goal and decision analysis with multiple goals (i.e., criteria)? Explain in detail the difficulties that may arise when analyzing multiple goals.Explain the use of system dynamics as a simulation tool for solving complex problems.List major areas of genetic algorithm application.How is an animated film like a VIS application?Compare the methodology of simulation to Simon’s four-phase model of decision making. Does the methodology of simulation map directly into Simon’s model? Explain.
Post your question