State and explain the various advantages of simulation a firm can get ?
Q: Explain what are various types of information for decisions making does simulation typically…
A: The term "simulation" refers to the practise of reproducing the behaviour of a real-world process…
Q: ustries use this strategy? Are there any ethical issues involved in overbooking? Use your own…
A: You've likely managed it yourself, and you know very well what an overbooking is, however for the…
Q: A(n) environment lacks some information, but it is possible to assign probabilities to the likely…
A: "An idea, practice, that is perceived by an individual or other unit of adoption". It includes…
Q: Jim Campbell is founder and CEO of OpenStart, an innovative software company. The company is all…
A: The above case study is from the topic: Capital Structure in a Perfect Market. The answers to the…
Q: What are the six industry applications of simulation?
A: The following are six industry applications of simulation:
Q: Uncertainty and risk are sometimes used interchangeably, but they are not really the same, please…
A: People often get confused while addressing the difference between risk and uncertainty. Due to this…
Q: What are the thr
A: Operational Risk Operational risk summarizes the uncertainties and hazards an organization faces…
Q: State and explain various disadvantages of simulation a firm gets
A: To be determined: various disadvantages of simulation a firm gets
Q: What other real-world factors might be important to consider in designing the simulation and making…
A: Simulation functions are used for preparation and corrections of mistakes in a timely manner.
Q: elucidate that simulation is the most often used tool.
A: The following are the reasons why simulation methods should be used:
Q: Examine how Cigna Insurance approaches the acquisition of customers and the maintenance of customers…
A: INTRODUCTION: Customer lifetime value is used to calculate the sum total economic value of a…
Q: Which one of the following is NOT an example of pure risk? Potential loss of equity value due to…
A: Pure risks can be defined as a category of risks that are beyond control and have two possible…
Q: Distinguish between Discrete-Event and Continuous Simulation?
A: A cost is the value of money that is used to produce something or provide a service, and is not…
Q: (1) Although expectations play an important role, consumption and investment decisions are observed…
A: Answer for the question asked
Q: Are Martha’s unreimbursed medical expenses deductible on the Neals’ tax return? Why or why not?
A: Disclaimer: insufficient information regarding the context As for the unreimbursed medical expenses…
Q: Determine why the simulation outcomes vary from one run to the next.
A: The reason the simulation outcomes vary from time to time is this:
Q: What the difference between risk management and uncertainty
A: Every organization has to experience uncertainties and risks irrespective of its size, type or…
Q: What type of information for decision making does simulation typically provide?
A: A decision support system dependent on assembling production is one reasonable arrangement. These…
Q: 8) What is the difference between "uncertainty" and "risk"? Give examples.
A: Every business bears uncertainty and risk in business. Risk is the financial loss that a business…
Q: Explain, why doesn't an estimated absolute covariance number tell the investor much about the…
A: Covariance is a measure which shows relationship of two assets or two stock. This shows how both…
Q: Real options reflect the management's ability to adopt and later revise corporate investment…
A: 1.) True
Q: What are some counter tendencies that prevent a straightforward fall in the rate of profit?
A: The trend was inherent to the capitalist system of production, and it could not prevent the average…
Q: What exactly is Simulation Model Development?
A: A Simulation Model is a numerical plan of action that consolidates both numerical and legitimate…
Q: imagine you own your own business. Based on what you learned from the simulation, what factors would…
A: For any firm the decision of entry and exit is the most crucial one. The factors affecting the…
Q: Explain what does the simulation technique involves
A: Typically, simulation entails complicated mathematical operations that are impossible for a human to…
Q: Beckham Broadcasting Company (BBC) has operating income (EBIT) of $2,500,000.The company’s…
A: Given, Operating income (EBIT) =$2,500,000 depreciation expense =$500,000 Tax rate= 40% New…
Q: Why would firms increase IT investment faster than machinery and building? Write well your answe
A: When all is said in done, financial development happens because of expansions in the creation of…
Q: Conduct a risk analysis and management process for the Training of Entrepreneurship with the…
A: The act of discovering, evaluating, planning for, and then responding to threats to your business is…
Q: hat are two challenges that simulation models might represent well?
A: Simulation modeling is the most common way of making and examining a digital prototype of an actual…
Q: What is conditional value at risk, CVaR?
A: Conditional value at risk: The amount of risk which is quantified as tail risk in an investment…
Q: What are the six applications of simulation in business?
A: The following are six approaches to use the simulation in companies:
Q: Organizing a Risk Analysis. You are the director of internal auditing of a large municipal hospital.…
A: Internal audit’s main objective is to supply assistance to the management and therefore the BOD…
Q: Unemployment insurance automatically stimulates the economy during an economic contraction, which is…
A: Unemployment insurance refers to the benefits a person can avail if he has unfortunately lost his…
Q: You are a risk manager of a school bus company in Hong Kong, your boss owns over 1,000 school buses.…
A: Suppose I am a risk manager of a school bus in Hong Kong and we own almost 1000 school buses during…
Q: Conoly Co. has identified an investment project with the following cash flows. If the discount rate…
A: The timeline is: To solve this problem, we must find the PV of each cash flow and add them. To…
Q: risk management approaches except
A: The correct answer is risk avoidance.
Q: The following is an excerpt from a business plan: "To open our new upscale toy store, We R Toys, we…
A: A business plan can be explained to as the document which contains the details regarding the core…
Q: Jamie McCullough, owner of Leisure World, Inc., is worried about his business’ future. He has tried…
A: Jamie McCullough is a self-driven, self-motivated, and very inspired individual to make his…
Q: Explain and state the six use of simulation in business ?
A: A simulated environment permits an individual to check out new ideas or opinions before an…
Q: An analyst has collected the following information regarding Gilligan Grocers: Earnings before…
A: The Given Information is Earnings before interest and taxes (EBIT) = $700 million. Earnings before…
State and explain the various advantages of simulation a firm can get ?
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- What is conditional value at risk, CVaR?1) All of these are risk management approaches except a) Risk avoidance b) Risk acceptance c) Risk conformance d) Risk transferenceWhich of the following scenarios accurately reflects the meaning of the profit leverage effect? Group of answer choices With a 7.6% profit margin, decreasing your cost of goods sold (COGS) by $10,000 increases your pre-tax profits by $10,000, but increasing your sales by $10,000 only increases your pre-tax profits by $760. When operating with a 7.6% profit margin, your cost of goods sold will be $10,000 as long as your sales exceed $10,000. With a 7.6% profit margin, every additional $10,000 in sales increases your pre-tax profits by $10,000, while every $10,000 saved in purchasing increases your pre-tax profits by just $760. If your profit margin is 7.6%, every $10,000 saved in purchasing lowers your COGS sold by $760.
- What is the best Risk managemnt Module to manage operational risk? And why.After reading pages 17 to 24 of the CAPSIM Guide for Business Simulations, you will argue about the importance of the information you get from the industry newsletter called Capstone Courier and explain how this information can help you better understand the market today and make better strategic decisions for your company.explain the following three types of risks in business: 1. Hazard 2. Operational 3.Strategic
- Explain the validity, reliability and/ or trustworthiness in the business model of netflixThis type of risk can significantly increase for financial institutions when there is an economic meltdown, a high rate of unemployment, added to financial pressures faced by individuals. This type of operational risk is identified as which of the following? a. Fraud such as internal fraud which occures in financial institutions as a result of people risks. b. Fraud through the use of a computer device to alter or change information for personal use or benefit. c. Staff dishonesty which occures when dishonest employees obtain individual´s personal and sensitive information. d. Human error caused by mistakes made by humans such as errors in processing information, poor data management etc.What are the three major types of operational risk? What is their roles? and which one you think may be the most difficult to manage and why?