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Description Of The Business Simulation Process Using The Solver Analysis Tool

Author

Listed:
  • Beatrice Sion

    (Romanian American University)

  • Cezar Mihalcescu

    (Romanian American University)

Abstract

Simulation is the process of creating a model of a real system and experiments using this model are made, in order to understand the system’s behaviour and/or evaluate the different strategies for the analyzed system.

Suggested Citation

  • Beatrice Sion & Cezar Mihalcescu, 2014. "Description Of The Business Simulation Process Using The Solver Analysis Tool," Romanian Economic Business Review, Romanian-American University, vol. 8(1), pages 94-104, May.
  • Handle: RePEc:rau:journl:v:8:y:2014:i:1:p:94-104
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    File URL: http://www.rebe.rau.ro/RePEc/rau/jisomg/SU14/JISOM-SU14-A8.pdf
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