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Where can you have Spreadsheet Modeling and Decision Analysis solutions?
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What is an example of a decision-modeling routine contained in a decision support system?
Decision support systems (DSS) contain decision-modeling routines, such as what-if analysis, whereby users can try particular decisions in simulations before actual implementation.
What has the author Anderson David R written?
Anderson David R has written: 'Modeling and Decision Analysis'
What has the author Rick Hesse written?
Rick Hesse has written: 'Managerial spreadsheet modeling and analysis' -- subject(s): Computer simulation, Management, Electronic spreadsheets, Problem solving 'Decision Making: A Management Science Guide for the IBM-PC (IBM-PC Series: 1-646)'
Explain the scope and methodology of operational research with an example?
Operational research involves using mathematical models to make better decisions in complex situations. The scope includes optimization, simulation, and decision analysis. Methodology involves problem formulation, data collection, model building, solution, and implementation. For example, in supply chain management, operational research can be used to determine the most cost-effective inventory levels and distribution strategies to meet customer demand while minimizing costs.
Which is the most suitable hazard analysis for showing probability in Hazards Modeling?
Cox Proportional is the most suitable hazard analysis for showing probability in Hazards Modeling.
What has the author John Malanchuk written?
John Malanchuk has written: 'Efficient algorithms for solving systems of ordinary differential equations for ecosystems modeling' -- subject(s): Computer programs, Differential equations, Numerical analysis, Ecology, System analysis, Numerical solutions
Spreadsheet are the modeling platform of choice?
It depends on what you are trying to model. For most models, there are specialty programs.
What is value at risk apporach?
Value at Risk is a term used in financial modeling and risk analysis. VaR describes the maximum loss not exceeded within a specified confidence limit. There's much more information and an Excel spreadsheet at the related link below
How would you describe data analysis?
Data analysis is a process of gathering, modeling, and transforming data with the goal of highlighting useful information, suggesting conclusions, and supporting decision making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, in different business, science, and social science domains.
What is computer modeling and analysis and What is its importance in engineering desingn?
ask Dr. Herring
How is information system useful?
The evaluation of financial data may be performed through ratio analysis, trend evaluation, and financial planning modeling. Financial planning and forecasting are facilitated if used in conjunction with a Decision Support System (DSS).
What is Analysis modeling?
Define data dictionary giving an example of what one may contain?
