What Is the Role of Simulation and Risk Analysis?

bir ses eklendi Business

2025-08-15 20:29:44 -

Simulation and risk analysis are core tools in Management Science, especially in uncertain and dynamic environments. They allow organizations to test strategies before implementing them in real life. Simulation involves creating a virtual representation of a system, such as a supply chain or financial market. By adjusting variables, analysts can observe potential outcomes without disrupting...

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