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Benefits of Simulation Discuss the many costs that businesses-(Answered)

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Benefits of Simulation

Discuss the many costs that businesses face today. ?Is it always practical to test new ideas via a 'real life' study - with participants, facilities, etc? ?If not, how can a simulation be utilized to test ideas while keeping costs manageable? ?

If a simulation is used, what steps are needed in order to have a successful model?


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Indeed, businesses face many costs today. These...

 

Paper#9257370 | Written in 27-Jul-2016

Price : $16
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