William Blackstone was a eighteenth century Englishman that was a proud member of Parliament‚ though many would suggest that his views completely discounted the thought of the British Sovereignty. Though later his beliefs to devise the English Common Law would bring to life America’s craving for independence from the Crown. Blackstone was the philosopher that stated‚ "The absolute rights of man... are usually summed up in one general appellation...of acting as one thinks fit."(Blackstone) In thought
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SIMULATION • WHAT is Simulation ? • WHY is Simulation required ? • HOW is Simulation applied ? • WHERE is Simulation used ? DEFINITION • Simulation is a representation of reality through the use of model or other device‚ which will react in the same manner as reality under a given set of conditions. • Simulation is the use of system model that has the designed characteristic of reality in order to produce the essence of actual operation. • According to Donald G. Malcolm‚ simulation
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A. The simulation model B. The number of patients treated every week and the waiting time for each patient | Number of patients treated | Waiting time for each patient (Min) | Outpatient department | 39 | 2465 | Inpatient department | 542 | 3616 | C. Some changes in the resource levels I. Each shift includes 2 admission secretaries | Number of patients treated | Waiting time for each patient (Min) | Outpatient department | 39 | 2515 | Inpatient department | 544
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This simulation game was developed by Sisk (1976). Basically‚ there are ten imaginary countries (Shima‚ Myna‚ Ila‚ Usa‚ Pam‚ Bonay‚ Shivey‚ Lani‚ Ranu and Bili) and each of these countries has three key elements to be considered: defense‚ resources and demography. The main purpose of this game‚ understanding the importance of negotiation and interdependence between countries. I would like to make some changes in the game for my class. Every student or group will choose their imaginary country.
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BLACKSTONE AND THE SALE OF CITIGROUP’S LOAN PORTFOLIO Market Conditions (I) • Corporate credit expansion in the U.S. between 2001 and the first half of 2007 was driven almost exclusively by the inflow of institutional (non-bank) funding into the syndicated loan market. • The participation of a wide range of institutional investors (including structured funds known as collateralized loans obligations (CLOs)‚ hedge funds‚ mutual funds‚ pension funds‚ and insurance companies) in the corporate loan
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Disclaimer: It is against the The Negotiation Experts’ principles to offer its services to the tobacco industry. The Celanese case study has been reproduced for the purposes of study only‚ and is in no way a condonement of the damage the tobacco is causing. Overview One of the most closely studied Chinese joint ventures is that involving Celanese Corporation of the United States‚ a producer of value-added industrial chemicals‚ and China National Tobacco Corporation (CNTC). The venture produces
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Global Supply Chain Management Simulation Debrief Slides ©© Enspire Enspire Learning Learning and and Harvard Harvard Business Business School School (revised Dec 2010) 1 Board Members’ Objectives Member Objective Betty Forecasting: choice of options (consensus vs. mean) Doug Forecasting: choice of options (role of risk) Yvonne Stocking Levels: Weighing the costs of over/understocking Meryl Production flexibility: accurate response/ sourcing strategy (focus on flexibility) Paul Production
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Market Structure Simulation Quasar Computers When industries are selling similar products this makes up market structure. I will be discussing economic profit that Quasar computer is able to make. The market structure is made of the following pure monopoly‚ pure competition‚ monopolistic competition‚ and oligopoly. In the simulation I learn about pricing and non pricing strategies and understanding the diverse market structure. Quasar put out a new first all-optical notebook that is called
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HBS Project: Blackstone and the Sale of Citigroup’s Loan Portfolio Banaphol Ariyasantichai‚ Ryan Stankiewicz‚ James Freisinger‚ Brian James Financial Markets and Institutions (F517) Professor Xing Lu‚ Ph.D. April 23‚ 2015 Blackstone and The Sale of Citigroup’s Loan Portfolio In the second half of 2007‚ the banking industry and financial market showed signs of considerable stress by raising the default rate of mortgage and the decline in the value of residential mortgage-backed
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1. What did you observe in inventory and back order levels when you play the game in uncoordinated and coordinated modes? What are the underlying reasons for the problems associated with uncoordinated decision-making? Based on the results you found in the previous part‚ list the potential benefits of coordination. (max 0.75 page) 2. What are the steps companies can take in order to reduce the problems associated with uncoordinated decision-making? Discuss also the potential implementation issues
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