UNITED INTERNATIONAL UNIVERSITY ASSIGNMENT ON Airline Industry (International Busuness-606) Submitted To Dr. Enamul Haque School of Business & Economics Submission Date 26th Dec. 2012 Table of Content |Topics |Page No. | |1.Globalization of Airline Industry |3 | |Industry Analysis
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COMPUTER- AIDED DECISIONS “COMPUTER SIMULATION OF HUMAN THOUGHT” What is Computer Simulation? A computer simulation or a computer model is a computer program that attempts to simulate an abstract model of a particular system. Computer simulations have become a useful part of mathematical modeling of many natural systems in physics‚ chemistry and biology‚ human systems in economics‚ psychology‚ and social science and in the process of engineering new technology‚ to gain insight into
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Suggested Books: • Discrete-event System Simulation J. Banks‚ J.S. Carson and B.L. Nelson Prentice Hall International‚ 1994 SIMULATION AND MODELLING Tony Field and Jeremy Bradley {ajf‚jb}@doc.ic.ac.uk • Simulation Modeling and Analysis A.M. Law and W.D. Kelton McGraw Hill‚ 2000 • Probabilistic Modelling I. Mitrani Cambridge University Press‚ 1998 1 2 • A Compositional Approach to Performance Modelling (first three chapters) J. Hillston Cambridge University Press‚ 1996. On-line at:
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Benihana Simulation Analysis Harvard Business Publishing has created a computer simulation to replicate the operations management decisions facing Benihana. Benihana is a teppanyaki style restaurant franchise that focuses on bringing a theatrical dinning experience to its patrons. The layout of the restaurant consists of two seating areas: the bar and the dining area. The goal of this simulation is to maximize utilization‚ throughput time and the nightly profit using different batching‚ bar sizing
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6/18/2012 Chapter 1: Ranil Montaril‚ MSECE INTRODUCTION TO MODELING AND SIMULATION CHAPTER OBJECTIVE Introduce Modeling Introduce Simulation Develop an Appreciation for the Need for Simulation Develop Facility in Simulation Model Building 1 6/18/2012 WHAT IS A MODEL??? “A Representation of an object‚ a system‚ or an idea in some form other than that of the entity itself.” (Shannon) INGREDIENTS OF A GOOD MODEL A model is similar
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Importance to economy The revenue of international airlines industry has increased from 476 billion USD in 2009 to 567 billion USD in 2011‚ a 9.3% year-on-year increase. This industry employs 56.5 million workers and accounts for US $2.2 trillion of the global GDP. Indian Aviation industry contributes to 0.5% of the India’s GDP and generates 1.7 million jobs. Technological Trends Major cost items for airlines are fuel‚ labour and maintenance. Airlines are able to reduce the cost/increase profit by
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flourishing financial success and the ability to triumph over competitors‚ while maintaining a prestigious reputation by operating socially responsibly‚ collaborating with other multinational companies and the sponsorship of events evinces Emirates airline unequivocally has one of the best marketing strategies in the industry today. In addition‚ more effective research is being utilised by the company to improve knowledge regarding consumer and competitor behaviour‚ as well as internal organisational
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What have you learned Business simulation is simulation used for business training or analysis. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking‚ financial analysis‚ market analysis‚ operations‚ teamwork and leadership. The business gaming community seems lately to have adopted the term business simulation game instead of just gaming or just simulation. The word simulation is sometimes considered too mechanistic
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Airlines - US - August 2012 Attitudes Toward Airlines and Airline Travel Key points The many changes to airline travel over the last few years have been absorbed by air travelers and a majority (77%) agrees that they feel comfortable with the process of flying. However‚ while air travel is familiar to them‚ most (65%) feel that it is becoming “more and more of a hassle.” The most affluent air travelers (those with a household income of at least $150K) are also the most frequent flyers and
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MODELLING AND SIMULATION OF COMBINED DISCRETE/CONTINUOUS PROCESSES by Paul Inigo Barton‚ M.Eng‚ A.C.G.I. May 1992 A thesis submitted for the degree of Doctor of Philosophy of the University of London and for the Diploma of Membership of the Imperial College Department of Chemical Engineering Imperial College of Science‚ Technology and Medicine London SW7 2BY To Amy 2 Abstract Currently available dynamic simulation packages are mainly suitable for the continuous simulation of large
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