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Author: | Proctor, R. |
Title: | Queues and the power of simulation: helping with business decisions and problems |
Journal: | Management Decision
1994 : VOL. 32:1, p. 50-55 |
Index terms: | CORPORATE PLANNING SIMULATION MANAGEMENT EDUCATION |
Language: | eng |
Abstract: | In this article the author considers computer simulation as a method for studying the behaviour of business systems under a variety of assumed conditions for analyzing the simultaneous interaction of many variables to produce valuable insights into problems. The paper looks at how simulations can help to provide answers to complex decisions and problems which can not be solved by conventional methods. On the whole the paper deals with business planning, computer simulation and management education. |
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