Modeling and Simulation for Enterprise Decision-Making: Successful Projects and Approaches

Noha Ramadan, Racha Ajami, Nader Mohamed, Sanja Lazarova-Molnar

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Abstrakt

Decision-making in enterprises holds different possibilities for profits and risks. Due to the complexity of decision making processes, modeling and simulation tools are being used to facilitate them and minimize the risk of making wrong decisions in the various business process phases. In this paper, we highlight the role of modeling and simulation in enhancing decision-making processes in enterprises. In addition, we show some techniques that helped enterprises in reaching effective and efficient decisions by adopting modeling and simulation tools.
OriginalsprogEngelsk
Publikationsdato2015
Antal sider8
StatusUdgivet - 2015
BegivenhedFifth International Conference on Industrial Engineering and Operations Management - Hyatt Regency Dubai, Dubai, Forenede Arabiske Emirater
Varighed: 3. mar. 20155. mar. 2015

Konference

KonferenceFifth International Conference on Industrial Engineering and Operations Management
LokationHyatt Regency Dubai
Land/OmrådeForenede Arabiske Emirater
ByDubai
Periode03/03/201505/03/2015

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