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Optimal monetary and fiscal policies within the European Economic and Monetary Union (EMU) are determined by simulating a global model under alternative assumptions about the objective function of the European Central Bank (ECB) and about cooperation vs. non-cooperation with fiscal...
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A Bayesian approach to demand forecasting to optimize spare parts inventory that requires periodic replenishment is examined relative to a non-Bayesian approach when the demand rate is unknown. That is, optimal inventory levels are decided using these two approaches at consecutive time...
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suggest that economic truth has been devoured in an accounting simulation. The accounting model no longer reflects any …
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interdependencies have on target costing decisions. Mixed integer programming and simulation are used to model the interrelationships …
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This chapter examines group communication in medical teams through psychological safety and simulation training … (29 psychological safety, 18 simulation) was conducted to understand key findings in relationship to group communication … differences and hierarchy continue to affect psychological safety within medical teams. Simulation training facilitated …
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