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This role-playing game for family planning administrators is a technique for the learning of effective planning and rational allocation of economic resources of population control programs. Through the use of electronic data processing, the game provides valuable experience in the sort of...
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In this paper we utilize traditional microeconomic theory and elementary queuing theory to develop a computer simulation model of a single-product, multi-process firm. One of our objectives is to demonstrate that the body of economic theory known as the "theory of the firm" may be used to...
Persistent link: https://www.econbiz.de/10009197128
In this paper we provide a summary of the capital asset pricing model (CAPM) and point out how it might possibly be used as a tool for strategic planning by corporations that own a portfolio of businesses. We also point out some of the assumptions underlying the CAPM which must be satisfied if...
Persistent link: https://www.econbiz.de/10009209284
Why are over 2,000 corporations either using, developing, or planning to develop some form of corporate simulation model? What types of companies are using corporate planning models? How are they being used? Which resources are required? These are among the questions which were raised in a...
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