SIMULATION OPTIMIZATION: APPLICATIONS IN RISK MANAGEMENT[1] MARCO BETTER AND FRED GLOVER OptTek Systems‚ Inc.‚ 2241 17th Street‚ Boulder‚ Colorado 80302‚ USA {better‚ glover}@opttek.com GARY KOCHENBERGER University of Colorado Denver 1250 14th Street‚ Suite 215 Denver‚ Colorado 80202‚ USA Gary.kochenberger@cudenver.edu HAIBO WANG Texas A&M International University Laredo‚ TX 78041‚ USA hwang@tamiu.edu Simulation Optimization is providing solutions to
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Acquisitions 4 3. Implicit assumptions of the Monte Carlo simulation 4 3.1 Capital expenditure 5 3.2 Investment in intangibles 5 3.3. Working Capital 5 3.4 Consistency between implicit and explicit assumptions 5 4. Description of the working of the simulation 6 5. The results of the simulation in comparison with Diageo ’s stated capital structure policy 6 5.1 Diageo ’s stated capital structure policy 6 5.2 The results of the Monte Carlo simulation 7 5.3 Increase in gearing for Diageo 7 6. Conclusion 8
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Simulation Review Angel Falcione Mark Williams January 19‚ 2015 Simulation Review Introduction In this paper I will discuss the financial accounting decisions made while participating in the simulation review at The Elijah Heart Center Hospital. According to financial indicators of the simulation‚ the best choices need to be made in the areas of capital shortage‚ purchasing new medical equipment‚ and funding options for capital expansion. I will also include a summary and conclusion that discusses
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Economic Simulation Isaac Newton’s third law of motion states‚ “That for every action there is an equal and opposite reaction. This is also true for economics. The action and reaction of supply and demand is best if allowed to be naturally forming. This enables Microeconomics and Macroeconomics to balance and stay stable. This essay will discuss the effect of supply and demand based off the data from the economic computer simulation from class. Microeconomics The simulation implemented different
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In the first day of the simulation‚ I learnt that when thrown into the water‚ I don’t get nervous. Rather‚ I am happy to take a challenge and trying to do the best I can. Since I had no prior background in HR – I have deliberately decided to take this role. When we were asked to choose the logo for the company‚ after some negotiations the team agreed to take my choice. I learnt that I can convince people follow my ideas. As the VP of HR‚ I needed to work and coordinate with all other team members
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1. Technical Report 1.1. Objective of the Simulation The purpose of this research is to analyze the SAMS financial institution’s probably increase in effectiveness and efficiency through implementation of an electronic document system. We make estimates about what changes to timing will occur from the proposed changes in the work process‚ and measure improvement in terms of customers cases served per week. Serving more customers per week increases the competitiveness and profitability of SAMS
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The Ethic Simulation Game ETH/316 – Ethics and Social Responsibility Mary Sortino Monday‚ January 27‚ 2014 The Ethic Simulation Game This week I participated in two Ethic Game Simulations; The Mysterious Blogger and The Veiled ID. The Mysterious Blogger was about the leaking of confidential information by an employee and the actions of a second employee. The Veiled ID presented an issue that arises as the company tried to implement more strict security issues
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Final Project Donald L. Dionne Information Technology Department Southern New Hampshire University TABLE OF CONTENTS BRIEF SUMMARY 3 PROBLEM FORMULATION 4 PERFORMANCE METRICS 5 SYSTEM AND SIMULATION SPECIFICATION 6 BASE MODEL 7 ALTERNATE MODEL 1 9 ALTERNATE MODEL 2 11 INPUT ANALYSIS 13 VERIFICATION AND VALIDATION 15 OUTPUT ANALYSIS 16 REFERENCES 17 BRIEF SUMMARY A toll bridge spans the Black Warrior River connecting Interstate 20/59 to Northport‚ Alabama. The bridge is privately
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ABSTRACT This paper describes numerical simulation of a selected soft missile impact small scale test. The main aim of the testing program is to provide data for the calibration and verification of the numerical simulation models for soft missile impact time-history simulation. The experiments are conducted both with dry and fluid filled missiles. The objective of the tests with fluid filled missiles is to investigate the release speed and the droplet size of the fluid spray release in the impact
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------------------------------------------------- SIMULATION REPORT The objective of the project was to trade on a Market Simulation “STOCK TRACK”‚ from 2/13 to 4/20. We were supposed to try to trade different types of instruments in order to gain more knowledge about they are trade in the real world; and how a strategy which seems good can be overturned by the market circumstances. During this period as a conservative‚ I tried to trade less risky instruments. The qualities that I used to
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