A Simulation Problem in The Textile Industry

Quantitative problems frequently arise in production systems which cannot be solved by the standard Operational Research techniques. In such cases, a simple mathematical model can sometimes be built which simulates the real problem and enables a manager to find out what would be the effect of different policies. This paper describes how simulation was used to improve profitability in a textile company.

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Year of publication:	1978
Authors:	Pearson, Peter
Published in:	Managerial Finance. - MCB UP Ltd, ISSN 1758-7743, ZDB-ID 2047612-7. - Vol. 4.1978, 3, p. 292-305
Publisher:	MCB UP Ltd

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Type of publication:	Article
Type of publication (narrower categories):	review-article
Language:	English
Other identifiers:	10.1108/eb013431 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014940519