simulation modeling

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    Simulation in Excel - Best Fit

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    Need help with excel simulation problem with the help of functions

    I am a novice in Excel functions.And have encountered this problem for my management science course.I would be grateful if someone can help me in it. the question is a part of the business simulation model.I need to find the function that can build - " after every 10 minutes, the server has to...
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    Pulling Data from A RAND() Built Simulation with Macros

    Hi All, I don't have a Monte Carlo Simulation Add-in (if any of you know of a good free one please let me know), so what I did was use the randbetween() function and then used and =if to create probabilistic choices (ex. I am building a model to forecast financial projections, but not entirely...
  4. S

    Snakes and Ladders Simulation Qs

    Hi, I've been looking for an explanation to the Snakes and Ladders Qs from Modeloff 2014 - Round 1: How do you go about it? And where can I learn more about simulation modeling? Thanks
  5. X

    Simulation Modeling

    I have one excel exercise to solve and want you help. Exercise is from this book: Managerial Decision Modeling (with spreadsheets) - Nagraj Balakrishnan, Barry Render, Ralph M. Stair, jr. - Chapter 10 - Simulation Modeling - Problems 10-33: Erik Marshall owns and operates one of the largest BMW...

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