Models | Management homework help

Consider some of the examples brought up in earlier discussion forums about applying models to real-world problems. Choose one of the models covered earlier in the course and describe the key differences in solving a problem with that model versus with a simulation model. In your opinion, which is more effective? How does the problem at hand determine which type of model to use?

Waiting in Line model

Decision-making model

Time series model

Linear Programming Network Models

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