What are the advantages of special-purpose simulation languages?
Answer to relevant QuestionsWhy might a manger be forced to use simulation instead of an analytical model in dealing with a problem of:(a) Inventory order policy?(b) Ships docking in a port to unload?(c) Bank-teller service windows?(d) The U.S. economy?Children’s Hospital is studying the number of emergency surgery kits that it uses on weekends. Over the last 40 weekends the number of kits used is as follows:Number of Kits Frequency4 .............. 45 .............. 66 ...Simkin’s Hardware simulated an inventory-ordering policy for Ace electric drills that involved an order quantity of 10 drills, with a reorder point of 5. This first attempt to develop a cost- effective ordering strategy ...Based on the descriptions and analyses in this Boeing be better described as a global firm or firm? Discuss.What would a project manger have to do to crash an activity?
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