Analyze the different types of abstract models

Assignment Help Business Management

Reference no: EM1332450

Analyze the different types of abstract models and examples of the problems that are applicable to each type of model.

A brief description of each type of model:

Deterministic

Probability

Simulation

Discipline specific

A brief description of problem for which each model is applicable.

Why each example is applicable to the model for which it was chosen?

Reference no: EM1332450

Questions Cloud

Measurement of customer satisfaction : Is the measurement of customer satisfaction different for internal customers than external customers?

Employee benefits and retirement plans : Describe specific benefit plan objectives - Explain the needs and the basics based upon the size of a given company and Benefits of communication plans and the benefits of such a plan

Data pertaining to personnel recruitment in ford auto : Issues, trends, and data pertaining to personnel recruitment in Ford Auto industry?

Significantly influenced affirmative action : Explain four of these laws that have been significance and Please submit in a word document. original work only. Please include references.

Analyze the different types of abstract models : Discuss and analyze the different types of abstract models and examples.

Calculate discounted payback using cashflows : Calculating discounted payback. An investment project has annual cash inflows of $6,500, $7,000, $7,500, and $8,000, and a discount rate of 14%.

Dominant religion and influences on cultural values : Explain the dominant religion(s) and the influences on cultural values.

Origins of employer-sponsored retirement plans : Employer Sponsored Retirement Plans - Explain the origins of employer-sponsored retirement plans.

Law protecting the women : What is the law that protect women in this case? what the woman should do in this case if the law protect her case?

User Account

All Pages