DocumentCode
1511759
Title
A simple model for business simulations
Author
Duersch, R.R.
Author_Institution
General Electric Co., Schenectady, NY, USA
Issue
2
fYear
1975
fDate
5/1/1975 12:00:00 AM
Firstpage
55
Lastpage
76
Abstract
A business model is developed, based on the ideas of behavioral modeling, and two typical businesses are simulated including representations of environments and management strategies. The model is intended as a flexible framework for simulations useful in planning and is easily modified to represent particular situations, operating criteria, and available information. The performances of the two businesses are computed for a number of combinations of environment and management strategy.
Keywords
management science; manufacturing administrative data processing; simulation; business simulations; environments; management strategies; model; planning; Computational modeling; Data models; Investments; Marketing and sales; Materials; Production;
fLanguage
English
Journal_Title
Engineering Management, IEEE Transactions on
Publisher
ieee
ISSN
0018-9391
Type
jour
DOI
10.1109/TEM.1975.6447206
Filename
6447206
Link To Document