Abstract
Simulation supports many different business activities including product investment planning, corporate performance analysis, logistics decision support, manufacturing operations, and process planning. Fundamentally, models developed for simulation relate to the setting of capacity requirements and the determination of how to use the capacity to improve performance. Simulation is further used to manage these activities over time in order to achieve continuous improvements. This paper describes potential uses of modeling and simulation to support business decisions. Two applications are included to illustrate the use of modeling and simulation of manufacturing operations to provide information relating to business problems.
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© 1993 Physica-Verlag Heidelberg
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Alan, A., Pritsker, B. (1993). Relating Business Problems to Capacity Management Through Simulation. In: Kurbel, K. (eds) Wirtschaftsinformatik ’93. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-52400-4_4
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DOI: https://doi.org/10.1007/978-3-642-52400-4_4
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-0673-1
Online ISBN: 978-3-642-52400-4
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