practice is a challenging task. In this paper we propose a simulation-based model as an alternative approach to predicting the … final price in online auctions. The simulation results show that the proposed model can predict the final price more …

that ours is the age of simulations. As the concept has not always been clearly discussed in the literature, early sections … the age of simulations represents a new, qualitatively distinct, stage of society is also examined. Having articulated the …, Starbucks. Thus far the paper’s main aim has been to argue that simulation is indeed an illuminating concept. However, we next …

’ performance and to illustrate the use of this new formulation for the CFLP. The paper finishes with a simple simulation exercise. …

In this paper we describe a simulation approach to explore optimal defensive strategies concerning an entrant situation …

The authors present basis of simulation usage in managerial decisionsupport focusing on the supply chain processes. In … the beginning the need for simulationis presented, then advantages and disadvantages of simulation experiments and …

-work-in-process (CONWIP) protocol. We solve a huge but simple linear program that models an entire simulation run of a closed-loop flow line …

using ARCH. Then the stochastic simulation methodology is extended to the ARCH process and Treasury Bond call options are … small effect, while the different simulation procedures have a large effect on the value of Treasury Bond call options. …

– through deterministic systems dynamics-based simulation. In order to validate the simulation model, the results from published … all these typical policies with optimal parameter settings. Next, a Monte Carlo stochastic simulation is used to assess … intensive SC by applying system dynamics. It includes a simulation model, the analysis of several scenarios, the impact on …

design. Exploration of business process re‐engineering options using simulation models is another important aspect of the …