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Digital Library of the
European Council for Modelling and Simulation |
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Title: |
Integrating Monte Carlo Simulation With Other Spreadsheet-Based Modelling Methods To Teach Management Science |
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Authors: |
Bożena Mielczarek, Jacek
Zabawa |
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Published in:
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(2011).ECMS
2011 Proceedings edited by: T. Burczynski, J. Kolodziej, A. Byrski, M. Carvalho. European Council for Modeling and Simulation. doi:10.7148/2011 ISBN:
978-0-9564944-2-9 25th
European Conference on Modelling and Simulation, Jubilee Conference Krakow,
June 7-10, 2011
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Citation
format: |
Mielczarek, B., & Zabawa,
J. (2011). Integrating Monte Carlo Simulation With Other Spreadsheet-Based Modelling Methods To Teach Management Science. ECMS 2011
Proceedings edited by: T. Burczynski, J. Kolodziej, A. Byrski, M. Carvalho (pp. 348-354).
European Council for Modeling and Simulation. doi:10.7148/2011-0348-0354 |
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DOI: |
http://dx.doi.org/10.7148/2011-0348-0354 |
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Abstract: |
The article presents three
spreadsheet models, which integrate Monte Carlo approach with other decision
support techniques, namely: forecasting methods, queuing theory and
optimization. The authors indicate the most important reasons to introduce
Monte Carlo approach into teaching process of simulation and spreadsheet
engineering to undergraduate and graduate business students. The article
concludes with the description of the basic exemplary structure of simulation
modelling laboratory course. |
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