Simulation Model

Determine the averages for the net profit  and number overbooked for taking appointments between 130 and 150 patients in increments of 2. What would you recommend?

Homework 11 A professional football team is preparing its budget for the next year. One component of the budget is the revenue that they can expect from ticket sales. The home venue, Dylan Stadium, has five different seating zones with different prices. Key information is provided. The demands are all assumed to be normally distributed. […]

How can a Simulation Model help with your work?

1. How can a Simulation Model help with your work? For example, In the electrical industry (electrician) a Simulation Model could be use to determine or used for etc 2. What Probability Distribution ( for example: triangular distribution, discrete distribution, or shewed distribution etc.) could you apply to this working scenario or one that I […]

Scroll to top