Modelling and Simulation in Management

Econometric Models Used in the Management of Organizations

Business & Finance, Economics, Econometrics, Management & Leadership, Operations Research
Cover of the book Modelling and Simulation in Management by Ioan Constantin Dima, Mariana Man, Springer International Publishing
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Author: Ioan Constantin Dima, Mariana Man ISBN: 9783319165929
Publisher: Springer International Publishing Publication: May 13, 2015
Imprint: Springer Language: English
Author: Ioan Constantin Dima, Mariana Man
ISBN: 9783319165929
Publisher: Springer International Publishing
Publication: May 13, 2015
Imprint: Springer
Language: English

This book is a comprehensive introduction of the reader into the simulation and modelling techniques and their application in the management of organisations. The book is rooted in the thorough understanding of systems theory applied to organisations and focuses on how this theory can apply to econometric models used in the management of organisations. The econometric models in this book employ linear and dynamic programming, graph theory, queuing theory, game theory, etc. and are presented and analysed in various fields of application, such as investment management, stock management, strategic decision making, management of production costs and the lifecycle costs of quality and non-quality products, production quality Management, etc.

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This book is a comprehensive introduction of the reader into the simulation and modelling techniques and their application in the management of organisations. The book is rooted in the thorough understanding of systems theory applied to organisations and focuses on how this theory can apply to econometric models used in the management of organisations. The econometric models in this book employ linear and dynamic programming, graph theory, queuing theory, game theory, etc. and are presented and analysed in various fields of application, such as investment management, stock management, strategic decision making, management of production costs and the lifecycle costs of quality and non-quality products, production quality Management, etc.

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