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stochastic modeling. The topics selected in this book, mathematical programming and simulation modeling, are believed to be among … the years, these techniques have become the weapon of choice for decision makers and practitioners when dealing with …
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Accurate modelling of dynamic system for better business strategy The business environment is constantly changing, and firms need the ability to adapt. In a market where a single misstep could result in massive losses, modelling serves as a "dry run" for testing ideas and predicting the...
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