Describe a current problem facing your department (Training Department at Diesel Engine School), that would indicate the need for a simulation model. How best could this problem be solved by simulation versus the other modeling techniques covered in the...
Describe a current problem facing your department (Training Department at Diesel Engine School), that would indicate the need for a simulation model. How best could this problem be solved by simulation versus the other modeling techniques covered in the...
Create a simple 0, 1 integer model for a situation or problem you face in your life. Is there an optimal solution for your problem? What type of model would you use to create an optimal solution? Explain.
Create a simple 0, 1 integer model for a situation or problem you face in your life. Is there an optimal solution for your problem? What type of model would you use to create an optimal solution? Explain.
Think about your own retirement investment portfolio or find an example of one online. Discuss how you might use a model to create the optimum portfolio allocation for your risk level.
Think about your own retirement investment portfolio or find an example of one online. Discuss how you might use a model to create the optimum portfolio allocation for your risk level.