Question: Is Simulation a Management Information System or a Decision Support System? Give examples. Describe different forms of simulation and how management leverages simulation to help

Is Simulation a Management Information System or a Decision Support System? Give examples.

Describe different forms of simulation and how management leverages simulation to help make informed decisions.

Please no longer than 3 paragraphs.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Post and discuss with your peers the following topics - Should be three paragraphs long. Is Simulation a Management Information System or a Decision Support System? Support your answers with...

Q:

Is simulation a Management Information System or a Decision Support System? Support your response with a detailed argument. Describe the different forms of simulation and how management leverages...

Q:

Is Simulation a Management Information System or a Decision Support System? Support your answers with definitions. Describe different forms of simulation and how management leverages simulation to...

Q:

Hi Tutor, below is an article on accounting and it's a discussion board question. I am unsure how to answer it, can you guide me on what to look out for and give tips, please? Thank you. Article Best...

Q:

The first step to drug pricing is secondary research. Components of this type of market research include the market size, the unmet need in the market, possible comparators and analogs, willingness...

Q:

Criteria Exemplary 6 points Accomplishe d 4.8 points Developing 3.6 points Beginning Minimum Below Standards 2.4 points 1.2 points Formulated, wrote, interpreted, argued, and evaluated...

Q:

This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution as requested by the work's original creator or licensee. 1...

Q:

Brookfield, S. D. "Developing Critical Thinkers: Challenging Adults to Explore Alternative Ways of Thinking and Acting" San Francisco: Jossey-Bass, 1987. What It Means to Think Critically The need to...

Q:

StanfordSOCIAL INNOVATION REVIEW Up For Debate When Can Impact Investing Create Real Impact? By Paul Brest & Kelly Born With Responses From Audrey Choi, Sterling K. Speirn, Alvaro Rodriguez Arregui &...

Q:

Background of the Case Study: Amazon, founded in 1994 by Jeff Bezos, started as an online marketplace for books. Over the years, it has grown to become one of the largest e-commerce and cloud...

Q:

Doctor Specialties Below are listed the numbers of doctors in various specialties by gender. Choose 1 doctor at random. a. Find P (malepediatrician). 0.498 b. Find P (pathologistfemale). 0.109 c. Are...

Q:

In a culture containing 3 x 107 bacterial cells and 5 x 107 bacteriophage, what proportion of the bacterial cells would be expected to have: a. no phage particles adsorbed to their cell walls? b. one...

Q:

MACRS depreciation rates incorporate the double declining balance method and switch to SL depreciation during the recovery period as an inherent component for property depreciation.

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...