Reference no: EM13742326 , Length: 1410 words
Simulation assignment
CleanStart: Simulating a Clean Energy Startup
Eclipsing the Competition: The Solar PV Industry Simulation
Fishbanks: A Renewable Resource Management Simulation
Platform Wars: Simulating the Battle for Video Game Supremacy
Salt Seller: A Commodity Pricing Simulation
World Climate: Negotiating a Global Climate Change Agreement
Choose games from the Strategy section.
Activities:
• Understand the game (View Instructional Video)
• Read through the case
• Play the game (at least 3-4 times)
Assignment:
For each of the two games:
• Briefly describe the industry (or ‘system') that is covered in the game and the case
• What did you learn about how the system works / what it takes to be successful in this industry
• Can you think of other industries or systems that work in similar ways. Briefly explain.
• Which game did you prefer and why (in terms of enjoyment, interest, learning, ease of use or any other factors you find relevant).
Some of the games have case studies that you can use to understand and extract ideas from them.. always support your ideas with strong arguments to convince the reader. the paper must be about 1000 word.
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Make economic sense to offer the flight
: Metro Airlines runs 10 flights per day at a total cost of $50,000, which includes $30,000 in fixed costs for airport fees, airplanes, and the reservation system and $20,000 invariable costs for flight crews, fuel, baggage handlers, and food service. ..
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Explain how the concentration on cotton farming
: Explain how the concentration on cotton farming, both by wealthy plantation owners and small farmers, defined the lifestyle of southern white society.
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Estimated using the simple linear regression model
: Discuss which economic relationships you have studied up until now (not just in this class, but in all your economics classes) could be estimated using the simple linear regression model as well as the information you would need to estimate such a re..
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Dynamic economic model and legit model
: Describe a situation that would call for applying one or more of any (dynamic economic model/legit model/random walk model/spurious regression/co integrated time series/tests of stationary). Explain your rationale for applying the model you chose.
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Simulating a clean energy startup
: Briefly describe the industry that is covered in the game and the case and what did you learn about how the system works / what it takes to be successful in this industry
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How large is the hudson river watershed
: How large is the Hudson River watershed? Where is the Hudson River's source considered to be and How long is the river? What is its widest? What is its deepest
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Methods of simultaneous equation models
: Discuss examples from economic theory that would be estimated using the methods of simultaneous equation models.
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Methods of detecting autocorrelation you would leverage
: Describe a situation in which autocorrelation might be present and which of the three methods of detecting autocorrelation you would leverage. Explain your rationale. Describe what remedial measure you would take to address autocorrelation if it were..
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Discuss how the project management methodology
: Discuss how the project management methodology contributes to the ability to effectively implement these best practice techniques.
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