Why might a manager be forced to use simulation instead of an analytical model in dealing with
Question:
Why might a manager be forced to use simulation instead of an analytical model in dealing with a problem of
(a) Inventory ordering policy?
(b) Ships docking in a port to unload?
(c) Bank teller service windows?
(d) The U.S. economy?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
a I nventory ordering policy May require simulation if lead time and dai...View the full answer
Answered By
WAHIDUL HAQUE
hello,
I'm a professional academic solution provider working as a freelance academic solution provider since 7 years. I have completed numerous projects. Help lots of students to get good marks in their exams and quizzes. I can provide any type of academic help to your homework, classwork etc, if you are a student of Accounting, Finance, Economics, Statistics. I believe in satisfying client by my work quality, rather than making one-time profit. I charge reasonable so that we make good long term relationship. why will you choose me? i am an extremely passionate, boldly honest, ethically driven and pro-active contractor that holds each of my clients in high regards throughout all my business relations. in addition, I'll always make sure that I'm giving my 100% better in every work that will be entrusted to me to be able to produce an outcome that will meet my client's standards. so if you are a student that is now reading my profile and considering me for your academic help. please feel free to look through my working history, feedback and contact me if you see or read something that interests you. I appreciate your time and consideration.
regards
4.90+
233+ Reviews
368+ Question Solved
Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
Question Posted:
Students also viewed these Statistics questions
-
Why 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...
-
Why might a manager prefer that budgeted rather than actual cost-allocation rates be used for costs being allocated to his or her department from another department?
-
Why might a manager accept a high-variance, low-value project instead of a low-variance, high-value project?
-
Create the Control Panel interface that has the following 3 methods: public int warningLevel (); public String status (); public boolean isok (); Write 2 public static methods 1) Write a public...
-
Twenty kilograms of air at 30 8C and a humidity of 90% enter a window air-conditioning unit each minute, illustrated in Fig. 11.31. The air leaves the air conditioner at 18 8C with a humidity of 40%....
-
Bobek Inc. has recently reported steadily increasing income. The company reported income of $20,000 in 2011, $25,000 in 2012, and $30,000 in 2013. A number of market analysts have recommended that...
-
Is the line integral of the magnetic field along the closed path in Figure P28.36 positive, negative, or zero? The direction of integration is shown with arrows on the path. Data from Figure P28.36...
-
Presented below are two independent situations. (a) On January 1, 2014, Robin Wright Inc. purchased land that had an assessed value of $350,000 at the time of purchase. A $550,000,...
-
1. In the given reaction, XYZ3 2. 3. 4. 5. X+Y+3Z If one mole of each of X and Y with 0.05 mol of Z gives compound XYZ3. (Given: Atomic masses of X, Y and Z are 10, 20 and 30 amu, respectively.) The...
-
It is estimated that over 90,000 students will apply to the top 30 M.B.A. programs in the United States this year. a. Using the concept of net present value and opportunity cost, explain when it is...
-
What are the advantages and limitations of simulation models?
-
What types of management problems can be solved more easily by quantitative analysis techniques other than simulation?
-
Why might credentialism be an obstacle to growth?
-
1. A car of mass 800 kg moves at a constant speed of 36 km/hr up a 1 in 8 incline. The top of the hill is a horizontal distance of 128 m from the car's initial position. Find (a) The work done in...
-
For a single, isolated point charge carrying a charge of q = 4.67 x 10- C, one equipotential surface consists of a sphere of radius r = 0.0294 m centered on the point charge as shown in the figure....
-
A 1.55-nC charged particle located at the origin is separated by a distance of 0.0810 m from a 2.98-nC charged particle located farther along the positive x axis. Both particles are held at their...
-
Determine the average acceleration of a 1 0 0 m Olympic sprinter if she starts from rest and finishes the race at a velocity of 1 5 m / s . Assume constant acceleration throughout the entire 1 0 0 m .
-
Imagine a trapezoidal plate submerged vertically in a liquid with density p. The top of the plate is 2 meters wide, the bottom is 4 meters wide, and its height is 5 meters. The plate is submerged in...
-
Evaluate for the function f and regionWspecified. SSS, f(x, y, z) dV W
-
Classify each of the following activities as proper or prohibited under the various consumer statutes you have studied. a. Calling a hospital room to talk to a debtor who is a patient there. b....
-
What is the proper way to make changes to a written health record?
-
Calculate the reliability of the followingsystem. 0.85 0.85 0.85 0.85 0.85
-
A broadcasting station has five major subsystems that must all be operational before a show can go on the air. If each subsystem has the same reliability, what reliability would be required to be 95%...
-
A broadcasting station has five major subsystems that must all be operational before a show can go on the air. If each subsystem has the same reliability, what reliability would be required to be 95%...
-
"Managing Away Bad Habits Team Assignment Organizational Behavior IILeadership Assigned is ashort case from the exercise Managing Away Bad Habits. The task is to develop a turnaround strategy for...
-
"Managing Away Bad Habits Team Assignment Organizational Behavior IILeadership Assigned is ashort case from the exercise Managing Away Bad Habits. The task is to develop a turnaround strategy for...
-
Question 11pts The APRN unit director is working at an agency that has a high incidence of medication errors, specifically with heparin. One recent error had a patient receive twice the prescribed...
Study smarter with the SolutionInn App