BUS 660 Grand Canyon Week 8 Discussion 1
Describe a current problem facing your department, organization, or industry that would indicate the need for simulation. What key factors of this business situation indicate the need for simulation (versus the other modeling techniques covered in the course)? Support your response with rationale from the readings.
BUS 660 Grand Canyon Week 8 Discussion 2
Consider some of the examples you have brought up in earlier topics. Describe the key differences between simulation models and the models covered earlier in the course. Outline how the approach to solving this problem would differ in terms of applying and computing/solving the models.
BUS 660 Grand Canyon Week 8 Assignment
Simulation Case Study: Phoenix Boutique Hotel Group
Review “Simulation Case Study: Phoenix Boutique Hotel Group” for this topic’s case study, in which you provide guidance to Phoenix Boutique Hotel Group (PBHG) founder Bree Bristowe.In addition to creating a simulation model, prepare a 500-750-word recommendation for Bristowe’s best course of action. Explain your model and the rationale for your recommendations.
Use an Excel spreadsheet file for the calculations and explanations. Cells should contain the formulas (i.e., if a formula was used to calculate the entry in that cell). Students are highly encouraged to use the “Simulation Case Study: Phoenix Boutique Hotel Group Template” Excel resource to complete this assignment.Mac users can use StatPlus: mac LE, free of charge, from AnalystSoft.
Prepare the assignment according to the guidelines found in the APA Style Guide,located in the Student Success Center. An abstract is not required. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.
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