Describe simulation in gpss, Macroeconomics

Assignment Help:

The sales counter next to the soft toy display in Shambles receives a customer every 2-4 minutes. Most of these customers (80%) are buying toys and are dealt with by the cashier in 3-5 minutes. The remaining 20% of customers come to open accounts that require an account manager. These customers wait for the account manager, who spends 10-20 minutes in serving them.

a) You are required to simulate a 10-hour day in this department using GPSS. To begin with, construct a flowchart describing the above events using suitable GPSS blocks.

b) Now carry out the simulation in GPSS, giving your programme (code) and simulation report.

c) Describe the results of your simulation using the simulation report, giving as much detail as possible.

 

 


Related Discussions:- Describe simulation in gpss

Upper bound of the confidence interval, A stock investor would like to have...

A stock investor would like to have an idea concerning the average return of stocks that are traded on a certain exchange. In a sample of 99 stocks, the average return was 9 percen

The model building, THE MODEL BUILDING    A model of individual or a...

THE MODEL BUILDING    A model of individual or aggregate economic phenomena represents a simplification of real world economic complexities. It may be expressed in words, ta

Estimated profit of typical start-up businesses, Typical start-up businesse...

Typical start-up businesses' estimated profit are forecasted as following: State Bad Good Probability 81% 21%

Consumption function in the IS-LM model, Q. Consumption function in the IS-...

Q. Consumption function in the IS-LM model? The consumption function will be the same as in cross model, consumption will depend positively on Y. In the classical model, consum

Explain about price inflation, Q. Explain about Price Inflation? The ma...

Q. Explain about Price Inflation? The major reason for allowing for non-constant wages in the model is that we then can allow for persistent deflation/inflation. With constant

Trade, What is the difference between merchantilism and absolute theory?

What is the difference between merchantilism and absolute theory?

Calculate the npv for discount rates, Shambles, a large toy retailer, are l...

Shambles, a large toy retailer, are looking at bringing out a new range of soft toys. The range under consideration is "Mythical Beasts."  The "Mythical Beasts" range will cost £50

Assignment, what are the effects of interest rate in the economy of south a...

what are the effects of interest rate in the economy of south africa in unemployment, economic groth, employment. and economic growth

Peers for a country, What are the best criteria to select peers for a count...

What are the best criteria to select peers for a country ?

Millions of americans purchase, Each day millions of Americans purchase mil...

Each day millions of Americans purchase millions of goods and services. These goods and services are generally readily available, as long as you have the necessary money to purchas

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd