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 …

, 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 …