COMPUTER MODELS FOR BUSINESS DECISIONS LECTURE 01: MODELLING BASICS Jojo Lartey Department of Information Technology Methodist University College Ghana Dansoman 11 March‚ 2013 Jojo Lartey (MUCG) MUIT 404 Lecture-One March 2013 1 / 25 Overview 1 2 3 4 5 6 7 L ECTURE O BJECTIVES INTRODUCTION MODEL BUILDING METHODS MODEL CATEGORIES STAGES OF MODEL BUILDING MODEL BUILDING TECHNIQUES SUMMARY Jojo Lartey (MUCG) MUIT 404 Lecture-One March 2013 2 / 25 L ECTURE O
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service. -Briefly description of the counselling service‚ outlining its aims and objectives. -Using Donabedians (1980) model‚ the essay will go on discussing and critically evaluating the structure‚ process and outcome of the service which will be backed up by relevant supporting evidence. -Following a final conclusion the essay will end with a personal reflective analysis. -Newton (2002) suggests that ‘it is important for counsellors to evaluate their work as an ongoing process through evaluation
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HR Centre of Excellence HR Models – lessons from best practice Initial desk research October 2009 Nick Holley © Henley Business School 2009 www.henley.reading.ac.uk Contents Introduction The classic HR model Over the last decade a classic model‚ based on the work of Dave Ulrich et al‚ has emerged that has three elements (recently he has added to the model but these three remain the core). We don’t need to go into detail but we will simply highlight these three key elements: business
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Communication (New York: McGraw-Hill Book Co.‚ 1972)‚ Chapter 2‚ “Communication Models.” A. What is a Model? 1. Mortensen: “In the broadest sense‚ a model is a systematic representation of an object or event in idealized and abstract form. Models are somewhat arbitrary by their nature. The act of abstracting eliminates certain details to focus on essential factors. . . . The key to the usefulness of a model is the degree to which it conforms--in point-by-point correspondence--to the underlying
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Models of Organized Crime Bureaucratic organizations To begin the analysis of this type of organization is convenient to define bureaucracy as a direction system based on rules and procedures. This definition identifies the advantages of this type of organization‚ such as the safety‚ stability and the coherence‚ but also derived from the same advantages‚ disadvantages are pointed out such as rigidity‚ lack of motivation and resulting cumbersome administration. Its origin is based on the
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CENTRE FOR MICRO FINANCE at IFMR Business Correspondent Model: A Preliminary Exploration Report compiled by Binit Rath‚ Minakshi Ramji and Alexandra Kobishyn Published for the Microfinance India Summit‚ October 2009 Thanks are due to Dan Kopf‚ a former Research Associate at the Centre for Micro Finance (CMF)‚ and Upamanyu Dash (Summer Intern 2009‚ IIFM) who was closely involved in the Orissa case study. The entire research team expresses its gratitude to the staff at FINO‚ A Little World (ALW)
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MODELS OF TEACHING We have discussed about the various learning theories in the last chapter. But as aspirant teachers‚ it is our experience that no teaching problems can be solved by acquiring knowledge of learning principles. The models of teaching will be a help to understand the nature of teaching. Teaching models are developed keeping in view of the learning theories (So that the teaching theories may be indoctrinated and reaffirmed by using these models.). The teaching model
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Determination of lead time Types of inventory models : Types of inventory models Deterministic models – these are simple models in which it is assumed that the demand or consumption rate is known with certainity Constant lead time is involved in procurement Probabilistic models – here the demand follows a known probability distribution‚ while the lead time may either be constant or variable with a known probabilistic distributiuon Static models – static models relate to a single decision process in which
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supplier does the rest! * The success of the program rests on the supplier’s creativity and initiative and a good internal consensus process with sales staff on the field. * Companies are utilizing them as it’s one of the successful business models used by Wal-Mart and many other big box retailers. Oil companies often use technology to manage the gasoline inventories at the service stations that they supply.Home Depot uses the technique with larger suppliers of manufactured goods. VMI helps
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Mathematical Models Contents Definition of Mathematical Model Types of Variables The Mathematical Modeling Cycle Classification of Models 2 Definitions of Mathematical Model Mathematical modeling is the process of creating a mathematical representation of some phenomenon in order to gain a better understanding of that phenomenon. It is a process that attempts to match observation with symbolic statement. A mathematical model uses mathematical language to describe a system. Building a model involves
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