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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6/18/2012 Chapter 1: Ranil Montaril‚ MSECE INTRODUCTION TO MODELING AND SIMULATION CHAPTER OBJECTIVE Introduce Modeling Introduce Simulation Develop an Appreciation for the Need for Simulation Develop Facility in Simulation Model Building 1 6/18/2012 WHAT IS A MODEL??? “A Representation of an object‚ a system‚ or an idea in some form other than that of the entity itself.” (Shannon) INGREDIENTS OF A GOOD MODEL A model is similar
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Computational Modelling and Simulation of Aircraft and the Environment Computational Modelling and Simulation of Aircraft and the Environment: Platform Kinematics and Synthetic Environment Volume 1 D.J. Diston © 2009 John Wiley & Sons‚ Ltd. ISBN: 978-0-470-01840-8 Computational Modelling and Simulation of Aircraft and the Environment Volume 1: Platform Kinematics and Synthetic Environment Dominic J. Diston University of Manchester‚ UK A John Wiley and Sons‚ Ltd.‚ Publication This
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MODELLING AND SIMULATION OF COMBINED DISCRETE/CONTINUOUS PROCESSES by Paul Inigo Barton‚ M.Eng‚ A.C.G.I. May 1992 A thesis submitted for the degree of Doctor of Philosophy of the University of London and for the Diploma of Membership of the Imperial College Department of Chemical Engineering Imperial College of Science‚ Technology and Medicine London SW7 2BY To Amy 2 Abstract Currently available dynamic simulation packages are mainly suitable for the continuous simulation of large
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Bottling Process Improvement Analyzing Failures with Simulation Alvaro A. González Reinaldo J. Moraga Francisco J. Ramis Department of Industrial Engineering Universidad del Bío-Bío Concepción‚ Chile ABSTRACT In this paper the impact of the idle times is analyzed due to failures in a bottling process line by using simulation techniques. In the case study of this paper‚ all the failures are produced by fallen bottle in several points throughout the conveyor line. One way to overcome
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MATLAB BASED AUTOMATED CONTROL SIMULATIONS IN BIO-REACTORS ABSTRACT Designing of bioreactors is a very complex process and requires the clear understanding of the biological phenomena occurring during the process and the development of best suitable reactor for bringing out the product in an economically viable‚ large scale form. The conventional techniques currently in uses are very time consuming and some of their steps may even be based on trial and error format. Therefore there
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Market Structure – Quasar Computer ECO/GM 561 June 27‚ 2011 Instructor: Rodolfo Rivas In economics‚ a market structure is made up of industries producing identical products. This paper will introduce solutions using strategic variables available to sustain the economic profits that Quasar computers can make. The paper will momentarily explain the different market structures and also discuss some of the pricing and non pricing strategies as well as the kind of innovations that would be proposed
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Quasar Computers and Different Market Structures ECO/561 July 22‚ 2012 Quasar Computers and Market Structures There are four types of market structures in the economic marketplace; monopoly‚ oligopoly‚ monopolistic competition and pure competition (McConnell‚ Brue‚ and Flynne (2009). The Market Structure simulation (University of Phoenix‚ 2012) presented a case of Quasar Computers and the business decisions that the company faced in each of these business structures. This paper presents
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Since their discovery‚ the nature of quasars has been one of the most intriguing and baffling problems as evidenced by the following quotations: " the problem of understanding quasi-stellar objects is one of the most important and fascinating tasks in all physics" - G.Burbidge and Hoyle. "The quasar continues to rank both as one of the most baffling objects in the universe and one most capable of inspiring heated argument" - Morrison. "The redshift problem is one of the
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Computer simulation is a computer program that attempts to simulate an abstract model of a particular system. Over the years‚ they have become a useful part of mathematical modeling modeling of many natural systems in physics‚ chemistry‚ biology‚ human systems in economics‚ psychology‚ and social science in the process of engineering new technology. The book Divergent uses computer simulations to figure out what factions they belong in. Once they figure out their factions‚ they then use computer
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