Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Constructing the Model
Steps:
1) Identify the objectives of the simulation (A detailed listing of the results expected will help to clarify the output variables.
2) Recognize the input variables. Differentiate among controlled and non-controlled variables.
3) Where necessary determine the probability distribution
4) Identify any parameters and status variables
5) Identify the output variables
6) Determine the logic of the model
Note:
The key questions are how the input variables changed into output results is, what formulae/decision rules are required? How will the probabilistic elements be deal with? How must the outcomes be presented?
Analysis of Financial Ratios: Ratios are computed to find out the customer's liquidity position and capability to repay debts. The computed ratios must be compared along with the
what is the topic about? what are the practical implications? what are the practical criticisms?
Explain Support activitiesand production process activity Support activities are for example schedule production set up machine purchase materials inspect item customer orde
From the subsequent financial data describe: a) How the airline company has grown-up b) How the company has been capable to earn grater margins at higher levels of sales
Moore Company uses process costing. The following information was available for October: During October, 1,000 units were started, and costs incurred during the month were
Status Resources We had classified constraints as scarce and abundant, depending respectively on whether or not the optimum solution "consumes" the entire available amount of t
What is Zero bases budgeting (ZBB) Meaning and definition Zero base budgeting is a management tool for providing a sys tem for a careful consideration of actual in
Break even analysis and target profit, taxes - Patterson Parkas Company's sales revenue is $30 per unit, variable costs are $19.50 per unit, and fixed costs are $147,000. a)Compute
In the documentary bills the seller faces a lot of risk as the risk of non-acceptance or non-payment of goods. This poses a main risk for the seller. These additional securities in
Significance points of Variance The following significant points must be kept in mind: Controllability: Controllability should also influence the decision whether t
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd