Summary The case simulation was an exciting and scary experience. The case puts you at the head of a supply chain‚ as a manager who is responsible for the production of two new lines of mobile phones. The two lines of mobile phones only sale from May through December for a total of four years. Throughout the simulation/ case‚ the decisions made impacts performance and the longevity of your company. You are teamed up with team advisors that all have different opinions and can be considered unpredictable
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several advantages to accepting funding from a relative. The first‚ and most obvious‚ is that by entering into a partnership to pay back this relative‚ there is no high rate interest to worry about‚ as there would be with a bank loan. Also‚ the relative only has to agree to the assistance‚ instead of applying for bank approval. There is also no risk of depreciation‚ as there is with the stock market. However‚ there is also a very large risk with this type of funding. When using a short or long
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Simulation Review HCS483-Health Care Financial Accounting Simulation Review When working as a health care administrator‚ one must make important financial decisions that can make or break the future of the organization. To give students a peak into some of these financial decisions‚ online simulations are used. This is the breakdown of one such simulation. The simulation in question deals with the Elijah Heart Center in New York State. The simulation
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April 2010 ‘The problems of Monte Carlo Simulation’ by David Nawrocki This article describes the problems associated with using the Monte Carlo Simulation Model as a tool for determining future investment outcomes for investors. The tool is widely used by Financial Advisors as a means of showing investors future returns on investments. The article discusses why the use of Monte Carlo Simulation in financial planning is difficult and can lead to incorrect decisions which can have a detrimental
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Business Regulation Simulation Alumina‚ Inc. manufactures auto parts and aluminum packaging material‚ mines bauxite‚ and refines and smelts aluminum (University of Phoenix‚ n.d.). After reviewing the simulation‚ it is easy to see how a business can be the target of legality. In this scenario‚ fingers were pointed at Alumina‚ Inc. for contaminated water that may have been the cause for a case of leukemia in a female child. In any business‚ management teams must take caution that tort and regulatory
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Assessing Materiality and Risk Simulation Debbie Griffis‚ Christie Maday‚ Ashley Ralph‚ Tonya Reinholdt‚ Tony Rauda ACC 490 February 6‚ 2012 Kelly O’Leary Assessing Materiality and Risk Simulation In this paper we are going to look at four questions that deal with the assessing materiality and risk simulation. The first question that we will be looking at is why certain accounts have to be audited 100%. Then after that we will look at why materiality is only allocated to those accounts
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Arctic Survival – From Success to Failure Contrary to the outcome exhibited by most other groups during the Arctic Survival exercise‚ our team score (34) was lower than my individual score (64). This is not to suggest that group collaboration is detrimental; in fact‚ our outcome was unique among the class and of great surprise to the professor and entire class section. To be sure‚ pooling resources‚ elaboration of material‚ and support and motivation‚ while perhaps more time consuming‚ typically
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“Careful‚ #517908. Remember‚ you don’t want them to find out they’re living in a simulation‚” said Zoidberg‚ from the comfort of the engineering headquarters somewhere in a distant universe. “If they do‚ we might have to pull the plug.” However‚ this was merely a distant concern for both. Tired of how slow the human species were progressing compared to his other simulations‚ Zoidberg came up with an idea: give them a stat boost in the form of a software update. HumanOS 2.0‚ he (rather unoriginally)
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ECO365 Supply and Demand Simulation Student Name ECO/365 – Principles of Microeconomics Instructor Name Date Introduction Supply and Demand is a phrase that every one hears in one way or another‚ Supply and demand phrase according to Colander‚ (2010) is the most used phrase by economist and the reason is because the phrase provides a good “off-the-cuff” answer for many question that have to do with economy. Example why are interest rates to Low? Because supply and demand. Why is Gasoline
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Cardiac Care Nursing Occupations in the healthcare field will always be around‚ especially nursing occupations. Registered nurses provide patients care‚ educate patients and the public about different health conditions‚ and provide advice and support to patients and their family members. Some work in hospitals‚ physicians’ offices‚ healthcare services‚ and nursing homes. However‚ others work in correctional facilities‚ schools‚ or serve in the military. The average nurse makes about $66‚000 per year
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