Introduction to Simulation and Risk Analysis

Provides an introduction to the concepts, methodologies, and applications of simulation in business. Microsoft Excel spreadsheets are used as the principal means to illustrate simulation models and computational issues (although most models can be translated into other spreadsheet formats), allowing both risk analysis and systems simulation approaches to be addressed in a common framework. For upper-level undergraduate and beginning graduate students in business administration and related disciplines. Annotation c. by Book News, Inc., Portland, Or.