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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Interoperability with a large number of simulation packages. Its ability to integrate structure and sequence information. Other key features are:- Visualization of 3-D molecular with different patterns. Can display and select subsets of atom from atom selection syntax. Can visualize dynamic molecular and volumetric data. Major molecular data file formats are supported. Capability of movie making. Interactive molecular dynamics simulation. Source code is written in C and C++
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Report on Capitalism Simulation Game On February 20th‚ 2014‚ in Values in the Workplace‚ we played a game simulating capitalism. The goal of the game was to get into teams; each team had a certain amount of the same resource. These resources could be traded and bought from one another‚ with a goal of creating “Widgets”. These widgets are then bought from the consumer. The team‚ who ends up with the most amount of money‚ wins the game. The strategies that arose during the simulation were common to strategies
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History of Indian Budget India’s first Finance Minister Sir R.K. Shanmugham Chetty‚ presented the first Finance Budget of independent India on November 26‚ 1947. Since then‚ 28 differentUnion Finance Ministers have been presenting the budget year after year. Initially‚ major attention was paid towards the agriculture sector but as the economy evolved‚ the focus shifted from agriculture to other sectors like industrial‚ financial etc. During the early the fifties‚ Indian budget highlights revolved
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BUDGET According to CIMA ‚ Official Terminology “A budget is a financial and /or quantitative prepared prior to a defined period of time ‚ of the policy to be pursued during that period for the purpose of attaining a given objective.” In the words of Crown and Howard ‚ “ A budget is a pre- determined statement of management policy during a given period which provides a standard for comparison with the results actually achieved.” BUDGETRY CONTROL Budgetary control is the process of determining
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Introduction to budget A budget is a financial plan for business‚ prepared in advance. It is defined by cima as ‘a plan expressed in money’. Cash flow forecasting is the process of estimating cash inflows and cash outflows over a period of time‚ usually for a period of 1 year. Cash Budget is the process of estimating cash inflows and cash outflows over a period of time‚ usually prepared monthly. Cash flows is the amount of money flowing into and out of a business over a period of time. Cash inflows
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Unit 330 Agree a Budget Before developing a draft budget I have the previous financial year’s budget‚ income statements and the cash flow for my consideration within the future budget. It was really helpful although the new orders are due within the next year and I had to recalculate income and variable expenses. I have prepared a list of all the incomes and expenses and put them together to use as estimations for developing a draft budget. This list should always be prepared before the start
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Cash Budgets CASH BUDGETS A cash budget is a budget that focuses on cash receipts and payments that are expected to occur in the future. Cash management is one of the main important factors in a business. A company that experiences cash shortages could be forced into bankruptcy in the future. Businesses that have excess cash can lose the opportunity to earn investment income or can reduce interest costs by repaying debt. A cash budget can tell management anticipated cash shortages or excess
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Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: Theproduction budgetis prepared after thesales budget. Theproduction budgetlists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be determined as follows. | Budgeted sales in units-------------------
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( http://www.accountingformanagement.com/production_budget.htm ) Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: The production budget is prepared after the sales budget. The production budget lists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be
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