Question: Use these links to learn how Monte Carlo simulation modeling is used in project management, securities trading, and risk analysis. Prepare a brief reflection (up
Use these links to learn how Monte Carlo simulation modeling is used in project management, securities trading, and risk analysis.
Prepare a brief reflection (up to 2 paragraphs) discussing how simulation models can assist managerial decisions using examples from the readings recommended above; you can also supplement this with examples from your professional experience if you have relevant examples.
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