Supply and Demand Simulation This week’s simulation is based on GoodLife Management. GoodLife Management is located in the fictitious town of Atlantis‚ and rents two-bedroom apartments on a month-to-month basis. The simulation provided working examples of several factors that effectively change the supply and demand of GoodLife’s rentals over the course of several years. These factors include GoodLife’s management direction‚ population changes within Atlantis and outlying areas‚ changes in consumer’s
Premium Supply and demand
Individual Project: Verbal Presentation Dr. Ho Jee Hou 1. Practicalities 2. Material 3. Audience 4. Yourself 1. Practicalities Worth 10% 15 minutes + 5 minutes for questions Timetable to be circulated through email PowerPoint presentation is recommended Peer assessed (among a group of 7 – 8 students) 2. Material Time is precious You do not have to include everything Tell a coherent story Present your results clearly What to say Structure your presentation
Premium Presentation
Carlo Simulation Risk analysis is part of every decision we make. We are constantly faced with uncertainty‚ ambiguity‚ and variability. And even though we have unprecedented access to information‚ we can’t accurately predict the future. Monte Carlo simulation (also known as the Monte Carlo Method) lets you see all the possible outcomes of your decisions and assess the impact of risk‚ allowing for better decision making under uncertainty What is Monte Carlo simulation? Monte Carlo simulation is a
Premium Monte Carlo methods in finance Normal distribution Monte Carlo method
SPREADSHEET MODELING AND SIMULATION Spring 2014 Instructor: Yanjun Li‚ office: KRAN 422‚ phone: 494-4525‚ e-mail: li14@purdue.edu Office Hours: Tuesday 1:00 – 4:00 pm‚ or by appointment. Course Packet: The course packet contains cases and readings from various sources. Textbook: David Hartvigsen‚ SimQuick: Process Simulation with Excel‚ 2nd Edition‚ Prentice Hall‚ 2004. (ISBN: 0-13-107880-1) References: Law‚ A. M. and W. D. Kelton‚ Simulation Modeling and Analysis
Premium Simulation Microsoft Excel Spreadsheet
Ethics Game Simulation The ethics simulation game is a learning tool designed to teach individuals how to make decision between ethical challenges. While one might think making such decisions is an easy task‚ more dilemmas are present than imaginable. The first decision that had to be made was about a product already on the market that was contaminated yet only put a small percentage of users at a low risk. After narrowing the possibilities down to two solutions‚ the choice was made to warn
Premium Ethics Decision making Business ethics
I will be the first to admit that there are people in this world that has done some pretty terrible things. Maybe to themselves or to other people! Even though those people may have no remorse over the things they have done us as human beings have to be the ones to say when enough is enough. The history of the death penalty is a long and brutal one. From the stoning and crucifixion killings of the B.C. era to today’s methods of the electric chair and lethal injection‚ governments of one kind or
Free Capital punishment Prison Crime
Supply and Demand Simulation The University of Phoenix online simulation entitled "Applying Supply and Demand Concepts" starts with the description of a fictional small town‚ Atlantis‚ and the rental market for two bedroom rental apartments. Below we will discuss the key points of supply and demand covered in the simulation‚ and by David Colander in the Book Economics‚ along with real world examples and results for the simulation. In this simulation the reader is a property manager for GoodLife
Premium Supply and demand
in a realistic context. It is an interactive simulation where the user must react to conditions and make decisions throughout the simulation. Overview of the interactive simulation environment: In “Welcome Aboard” Steve Tucker‚ chairman of GigaSoft (Sentra Software’s parent company)‚ introduces himself and discusses the learner’s mission as the new CEO of Sentra Software. In “Background Information” users may view a video of a consultant working with Sentra’s management team. You may also
Premium Balanced scorecard Customer service Decision making
business environment and the strategic principles behind it. Within this course my team members Kristijan‚ Yaniv‚ George and me (Team KUGY) had the opportunity to apply our academic and theoretical understanding and knowledge in an online business simulation game‚ wherein we created our own car business and competed on the European car market fictionally. This paper aims to elucidate the advance of our strategic decision-making‚ observes the reasoning behind it and examines the following implementation
Premium Strategic management
Abstract This article is investing the effects of speed of the action potential across many neurons through investigating two diseases and performing related lab simulations. Multiple sclerosis and epilepsy are the two disease which are investigated and through the use of Neurons in Action lab simulations‚ we saw the effects that demyelination and channelopathy can have. As my hypothesis guessed‚ demyelination is the main cause of multiple sclerosis and channelopathy is the main cause of epilepsy
Premium Neuron Nervous system Parkinson's disease