In Module topic 6.1 the use of simulation models was discussed. The idea behind simulation is to
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In Module topic 6.1 the use of simulation models was discussed. The idea behind simulation is to mathematically mimic a real-world situation and then study its properties and operational characteristics, and finally draw conclusions and make action decisions based on the simulation results (Render et al., 2018).
Taking the above into consideration: Present a scenario in which it is necessary to use simulation models in your company or in a work area in which you have been an employee or consumer. Post your scenario in the discussion forum by midnight on Thursday. Write a minimum of two paragraphs. Each paragraph should be a minimum of 5 sentences.
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Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
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