... Risk Simulation A football [1] company, such as Juventus FC, FC Bayern Munich, or Real Madrid CF, produces a peculiar type of entertainment service that is sold on the relevant market. If we assume that a league structure already exists, the service production of the individual club consists...

... and efficiency. Design/methodology/approach This research proposes a noncooperation model based on MG theory. The MG is designed to make decisions on the use of resources/services among the partners of CMfg with private information. A simulation environment was developed to test the efficiency...

... al. (2013) analyzed the relationship between affective diversity and effectiveness of the teams involved in crisis training simulations. They found that teams that had positive affective diversity were less effective in the management of the crisis than those with positive affective similarity...

...John C. Ickis; Arch G. Woodside; Enrique Ogliastri; Antonio Pérez-Bennett; Pål Davidsen; Luis E. López Purpose – The purpose of this paper is to examine the use of simulators as pedagogical complements to traditional case studies. The research performs experiments with a case and its accompanying...

...Vlatka Hlupic; Paul Appleby Walker; Zahir Irani Financial modelling is extensively used in all sectors of today’s business environments. In particular, it is used as a tool in the preparation of plans, budgets and many corporate projections. Simulation modelling is not widely used in this area...

...D.J. Smith Monte Carlo simulation is one of a number of analytical techniques available to enable managers to assess the risks surrounding capital budgeting decisions. Although it is covered in most texts on financial management, surveys have for many years pointed to only limited use...

...Chris Dawson The second of two articles, looks at how a simulation methodology was used to explore the relationship between two prescriptive models of human resource accounting – the replacement cost model (RCM) and the stochastic rewards valuation model (SRVM). Investigates not only...

... anywhere from a few hundred dollars to a few thousand dollars. © MCB UP Limited 1994 Business development Industry Product design Research Simulation Training Virtual reality It has been called cyberspace, virtual environment, simulations,artificial worlds and virtual reality...

...Robert A. Proctor Considers computer simulation as a method for studying the behaviour of business systems under a variety of assumed conditions for analysing the simultaneous interaction of many variables to produce valuable insights into problems. Looks at how simulations can help to provide...