Monte Carlo Simulation Using RiskSim 10 10.1 RISKSIM OVERVIEW RiskSim is a Monte Carlo Simulation add-in for Microsoft Excel 2000–2010 (Windows) and Microsoft Excel 2004 (Macintosh). RiskSim provides random number generator functions as inputs for your model‚ automates Monte Carlo simulation‚ and creates charts. Your spreadsheet model may include various uncontrollable uncertainties as input assumptions (e.g.‚ demand for a new product‚ uncertain variable cost of production‚ competitor reaction)
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REFLECTION PAPER ON THE MOVIE “AMISTAD” Amistad was based on the true story of a group of Africans that were kidnapped and sold as slaves. They revolted against their captors and win‚ but are later defeated by a group of Americans. Upon arrival for their “trial”‚ they are represented by an attorney who wins their case several times over but due to corruption and fear of civil war‚ they are constantly denied their victory until they finally win out at the supreme court as they were represented
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founded by individual stereotypes‚ systematic beliefs and attitudes‚ which become justification for continued mistreatment of members of these groups. This paper will review three forms of oppression and how the dominant members in society use their power and privilege to influence to continue the cycle of oppression. Reflection Paper By definition oppression is the exercise of authority or power in a burdensome‚ cruel and unjust manner. It is a tactic that has been used for centuries by the
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You’d be surprised how climbing Mt. Everest is so similar to crossing an ocean. Many factors contribute to the Everest climb being one of the hardest physically . These include things like altitude‚ temperature‚ and the sheer amount of work you have to do to summit. While Everest isn’t the hardest mountain to climb it is still extremely challenging. Jon Krakauer’s goal is to reach the top of Everest safely and to get down safely too‚ in completing this goal he learned the value of perseverance and
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EP313 Chemical Process Simulation and Design L1 - Introduction 10/1/2014 Process modeling: Concept 1 Identification: our objective is to find structure‚ R of the process. We must know the input‚ I and output‚ O parameters. I R? O 10/1/2014 Process modeling: Concept 2 Simulation: our objective is to get the value of O. We know the structure of the model‚ R and we can simulate what the output‚ O for the given input‚ I. I R O? 10/1/2014 Process modeling
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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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FINANCE SIMULATION: M&A IN WINE COUNTRY DEBRIEF SLIDES HBP PRODUCT NO. 4807 This PowerPoint presentation was prepared by Professor Timothy Luehrman for the sole purpose of aiding classroom instructors in the use of Finance Simulation: M&A in Wine Country V2 (HBP No. 4805). HBP educational materials are developed solely as the basis for class discussion. These materials are not intended to serve as endorsements‚ sources of primary data‚ or illustrations of effective or ineffective management. Copyright
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Ethics Reflection Paper January 1‚ 2011 Susan Ethical Models Ethics‚ according to the textbook‚ are defined as the principles‚ values‚ and beliefs that set standards for right or wrong decisions and behavior. There are four major models of ethics‚ including utilitarian‚ moral rights‚ theory of justice and integrative social contracts theory. Utilitarian refers to the idea that moral worth of a behavior is solely determined by the consequence‚ to see whether it’s maximizing utility. Moral rights
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Kelsey Heisler Professor Coulter-Kern Introduction to Psychology 6 May 2008 Final Reflection Paper I have had the opportunity to volunteer for the last several weeks. I had never really volunteered before‚ so I knew that this was my opportunity to do some community service to help others. I have found through the experience that I really like to volunteer‚ so in the near future I will probably volunteer on my own‚ rather than doing it for a class. Doing service projects is a great way to get
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Week 2 Reflections Weekly Reflection Week 2 Reflections In our first week we learned the relationship between financial statements and the components of the annual report. These reports give you an overall look at the company and their financial information. The financial statement can be used by creditor‚ potential employees‚ possible investors‚ etc. to help them determine if they want to do business with the company. Collectively as a class‚ the discussion was very interesting‚ as we
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