Download or read book A Simulation Model for Probabilistic Profit Planning written by Don Ricketts and published by . This book was released on 1971 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Development and Application of a Probabilistic Simulation Model for Financial Planning written by Pamela Kathryn Coats and published by . This book was released on 1976 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Flaw of Averages written by Sam L. Savage and published by John Wiley & Sons. This book was released on 2012-03-13 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: A must-read for anyone who makes business decisions that have a major financial impact. As the recent collapse on Wall Street shows, we are often ill-equipped to deal with uncertainty and risk. Yet every day we base our personal and business plans on uncertainties, whether they be next month’s sales, next year’s costs, or tomorrow’s stock price. In The Flaw of Averages, Sam Savageknown for his creative exposition of difficult subjects describes common avoidable mistakes in assessing risk in the face of uncertainty. Along the way, he shows why plans based on average assumptions are wrong, on average, in areas as diverse as healthcare, accounting, the War on Terror, and climate change. In his chapter on Sex and the Central Limit Theorem, he bravely grasps the literary third rail of gender differences. Instead of statistical jargon, Savage presents complex concepts in plain English. In addition, a tightly integrated web site contains numerous animations and simulations to further connect the seat of the reader’s intellect to the seat of their pants. The Flaw of Averages typically results when someone plugs a single number into a spreadsheet to represent an uncertain future quantity. Savage finishes the book with a discussion of the emerging field of Probability Management, which cures this problem though a new technology that can pack thousands of numbers into a single spreadsheet cell. Praise for The Flaw of Averages “Statistical uncertainties are pervasive in decisions we make every day in business, government, and our personal lives. Sam Savage’s lively and engaging book gives any interested reader the insight and the tools to deal effectively with those uncertainties. I highly recommend The Flaw of Averages.” —William J. Perry, Former U.S. Secretary of Defense “Enterprise analysis under uncertainty has long been an academic ideal. . . . In this profound and entertaining book, Professor Savage shows how to make all this practical, practicable, and comprehensible.” —Harry Markowitz, Nobel Laureate in Economics

Download or read book Simulation Models in Corporate Planning written by Thomas H. Naylor and published by Greenwood. This book was released on 1979 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Probability Models for Economic Decisions second edition written by Roger B. Myerson and published by MIT Press. This book was released on 2019-12-17 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the use of probability models for analyzing risk and economic decisions, using spreadsheets to represent and simulate uncertainty. This textbook offers an introduction to the use of probability models for analyzing risks and economic decisions. It takes a learn-by-doing approach, teaching the student to use spreadsheets to represent and simulate uncertainty and to analyze the effect of such uncertainty on an economic decision. Students in applied business and economics can more easily grasp difficult analytical methods with Excel spreadsheets. The book covers the basic ideas of probability, how to simulate random variables, and how to compute conditional probabilities via Monte Carlo simulation. The first four chapters use a large collection of probability distributions to simulate a range of problems involving worker efficiency, market entry, oil exploration, repeated investment, and subjective belief elicitation. The book then covers correlation and multivariate normal random variables; conditional expectation; optimization of decision variables, with discussions of the strategic value of information, decision trees, game theory, and adverse selection; risk sharing and finance; dynamic models of growth; dynamic models of arrivals; and model risk. New material in this second edition includes two new chapters on additional dynamic models and model risk; new sections in every chapter; many new end-of-chapter exercises; and coverage of such topics as simulation model workflow, models of probabilistic electoral forecasting, and real options. The book comes equipped with Simtools, an open-source, free software used througout the book, which allows students to conduct Monte Carlo simulations seamlessly in Excel.

Download or read book Proceedings of the Annual Meeting written by American Institute for Decision Sciences. Meeting and published by . This book was released on with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook of Financial Planning and Control written by Robert P. Greenwood and published by Routledge. This book was released on 2020-11-25 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides not only practical guidance on how to manage resources but also a critical examination of the conventional techniques of financial planning and control through the introduction of new approaches. Additional chapters have been added to introduce Strategic Management Accounting, Activity Based Costing and the Balanced Scorecard, New Performance Measures, Venture Capital, Knowledge Management and Outsourcing, and Financial Considerations of eBusiness. In this third edition, the book has been revised to encourage the reader to think about and reflect upon the emergence of recent principles and practices related to financial planning and control. While it is addressed primarily to business managers with an interest in financial planning and control, the range of subjects covered and the breadth of approach adopted by many of the contributors will make the Handbook of Financial Planning and Control especially useful to those managers in non-financial functions (as well as students of management) who must reconcile theory with the everyday reality of modern business practice.

Download or read book Development and Application of a Probability and Risk Analysis Technique to a Planning Simulation Model written by Wayne N. Bohlke and published by . This book was released on 1970* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An approach to simulation model development for improved planning written by James L. McKenney and published by . This book was released on 1968 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Evaluation of Mineral Reserves written by Andre G. Journel and published by Oxford University Press. This book was released on 2004-05-27 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the practice of geostatistical simulation to evaluation of mineral reserves, prediction of recovered tonnages and mineral grades and the impact of mining dilution. Such prediction is absolutely critical for mine planning and investment decisions, yet it cannot be made on maps directly interpolated from present data. Various dilution factors need to be introduced to account for · the support effect: mining unit volumes are vastly different from composite data unit volumes · the information effect: future selection of ore/waste will be based on vastly different data than that presently available. Geostatistical simulations allow a rigorous evaluation of these effects on reserves recovery. These stochastic simulations have the potential to be for the mining industry what a wind tunnel is for aircraft design. This book is written by two expert geostatisticians--Journel is the pioneer of mining geostatistics--and established academics.

Download or read book Quantitative Techniques for Decision Making written by Dr. G. Pandi Selvi and published by Thakur Publication Private Limited. This book was released on 2022-12-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enhance your decision-making skills with the comprehensive e-Book 'Quantitative Techniques for Decision Making' designed for MBA II Semester students at Anna University, Chennai. Published by Thakur Publications, this invaluable resource equips you with the essential quantitative tools and techniques needed to analyze data, make informed decisions, and achieve business success. Accessible and practical, this e-Book is your guide to mastering quantitative techniques and their application in real-world scenarios. Elevate your decision-making process and excel in your MBA studies with this trusted resource.

Download or read book Budgeting and Profit Planning Manual written by James D. Willson and published by Warren Gorham & Lamont. This book was released on 1989 with total page 1496 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Analyzing Data Through Probabilistic Modeling in Statistics written by Jakóbczak, Dariusz Jacek and published by IGI Global. This book was released on 2021-02-19 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Probabilistic modeling represents a subject arising in many branches of mathematics, economics, and computer science. Such modeling connects pure mathematics with applied sciences. Similarly, data analyzing and statistics are situated on the border between pure mathematics and applied sciences. Therefore, when probabilistic modeling meets statistics, it is a very interesting occasion that has gained much research recently. With the increase of these technologies in life and work, it has become somewhat essential in the workplace to have planning, timetabling, scheduling, decision making, optimization, simulation, data analysis, and risk analysis and process modeling. However, there are still many difficulties and challenges that arrive in these sectors during the process of planning or decision making. There continues to be the need for more research on the impact of such probabilistic modeling with other approaches. Analyzing Data Through Probabilistic Modeling in Statistics is an essential reference source that builds on the available literature in the field of probabilistic modeling, statistics, operational research, planning and scheduling, data extrapolation in decision making, probabilistic interpolation and extrapolation in simulation, stochastic processes, and decision analysis. This text will provide the resources necessary for economics and management sciences and for mathematics and computer sciences. This book is ideal for interested technology developers, decision makers, mathematicians, statisticians and practitioners, stakeholders, researchers, academicians, and students looking to further their research exposure to pertinent topics in operations research and probabilistic modeling.

Download or read book Insurance Planning Models Price Competition And Regulation Of Financial Stability written by Vsevolod Malinovskii and published by World Scientific. This book was released on 2021-08-13 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance Planning Models: Price Competition and Regulation of Financial Stability is an exciting new book that takes readers inside the secrets of internal organization of the modern general insurance business. Many people know that it is subject to intensive state regulation, whereby the purpose is to maintain long-term efficiency, honesty, security and stability in the interest and for the protection of policyholders. However, except for knowing that the insurance system is regulated by intensive calculations, that the insurance companies have different positions on the market, that they pursue different goals and even compete with each other, and that one of the tools of this competition is the policy price, not so many people know how to achieve these deserving goals.In developing quantitative recommendations and directives to competing insurers, regulators rely on certain models. In the 1900s, such models were proposed. They were useful for an insight into the probabilistic nature of the insurance process, but not for direct application to practically meaningful problems of insurance regulation. This book is your guide to the rigorously constructed long-term dynamic models with the aim to improve regulatory methods and develop quantitative recommendations using both analytical calculations and computer simulation. It is addressed to a wide range of readers, including interested policyholders, economists whose interest lies in insurance management and regulation, and mathematicians wishing to expand the scope of application for their knowledge.This book is devoted to certain issues that are either not sufficiently presented, or even absent in the literature. It is an attempt to penetrate from the standpoint of mathematical modeling into the goals which face insurance regulators and contending company managers for preventing insolvencies, or even crises pertinent to badly regulated complex reflexive systems.It offers rigorous probabilistic models of long-term insurance business based on the laws of mass phenomena. They mitigate deficiencies of oversimplified risk models. The book presents advances in probabilistic techniques designed to seek quantitative, rather than qualitative, directives and recommendations regarding safe control aiming to achieve different business goals.

Download or read book Corporate Simulation Models written by Albert N. Schrieber and published by . This book was released on 1970 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Management and Corporate Governance from the Feminist Ethics of Care Perspective written by Desi Adhariani and published by Springer. This book was released on 2017-01-06 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates how businesses can adapt their executive and fiscal practices to adopt an ethical, equal-opportunity approach. The authors demonstrate how corporations can create sustainable work environments that embrace feminist care ethics and ground their research in a strong theoretical discussion of this relatively new framework. The discussion has a multidisciplinary outlook and explores how the concept of care ethics might be successfully applied to various professional contexts. Later chapters present findings from an empirical case study conducted in Australia and use both qualitative and quantitative methods to analyse the potential power of a feminist care of ethics approach within commercial and corporate management.

Download or read book Business Simulation for Decision Making written by William C. House and published by Pbi Books. This book was released on 1977 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: