State the three-fold idea behind simulation
What will be an ideal response?
1. to imitate a real-world situation mathematically; 2. then to study its properties and operating characteristics; and 3 . finally, to draw conclusions and make action decisions based on the results of the simulation.
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Southwest Airlines has consistently had one of the best on-time performance records in the airline industry. A critical factor in Southwest's success has been its use of second tier airports such as Midway in Chicago, Hobby in Houston, City in Detroit, and Ontario in Los Angeles. These lower traffic airports allow Southwest to have a faster turnaround for its airplanes so they spend a greater percentage of their time in the air. Seventy percent of Southwest's flights have a turnaround time of 15 minutes. Southwest Airline's on-time performance reflects the ________ dimension of service quality.
A. Assurance B. Tangibles C. Reliability D. Empathy E. Responsiveness
Discuss the roles that uncertainty and risk play in managerial decision making.
What will be an ideal response?
The SSG graph allows you to see how well a company's stock has done over the past ____________________ years.
Fill in the blank(s) with the appropriate word(s).
The number of second- and first-tier community members on a social media site reduces exponentially
Indicate whether the statement is true or false