Perspective Chapter: Application of Monte Carlo Methods in Strategic Business Decisions

Some strategic business problems cannot be expressed in analytical forms and, in most cases, are difficult to define in a deterministic manner. This chapter explores the use of probabilistic modelling using Monte Carlo methods in the modelling of decision problems. The focus is on using Monte Carlo...

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Autor principal:	Nwafor, Chioma Ngozi
Formato:	Capítulo de libro
Lenguaje:	inglés
Publicado:	IntechOpen 2023
Materias:	Physical Sciences, Engineering and Technology
Acceso en línea:	https://www.intechopen.com/chapters/82997
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