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Modelling and Simulation in Management: Econometric Models Used in the Management of Organizations

Modelling and Simulation in Management: Econometric Models Used in the Management of Organizations

Hardcover

Series: Contributions to Management Science

Business GeneralEconomics

ISBN10: 3319165917
ISBN13: 9783319165912
Publisher: Springer Nature
Published: May 28 2015
Pages: 523
Weight: 2.07
Height: 1.19 Width: 6.14 Depth: 9.21
Language: English

This book is a comprehensive introduction of the reader into the simulation and modelling techniques and their application in the management of organisations. The book is rooted in the thorough understanding of systems theory applied to organisations and focuses on how this theory can apply to econometric models used in the management of organisations. The econometric models in this book employ linear and dynamic programming, graph theory, queuing theory, game theory, etc. and are presented and analysed in various fields of application, such as investment management, stock management, strategic decision making, management of production costs and the lifecycle costs of quality and non-quality products, production quality Management, etc.

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Business General