Solved: What they are and how they are useful in practice, Business Management

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What they are and how they are useful in practice

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In the lecture, you are introduced to several simulation models. Explain, in general, what they are and how they are useful in practice. Then, give a specific example that simulation may be applied to solve a real world problem.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Business Management: What they are and how they are useful in practice

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