Scribd Logo
Upload

Welcome to Scribd!

  • DAO1704 - Wk6 - Introduction To Simulation Modelling - Lecture Slides PDF

    Uploaded by

    Parker Jack
    10 views47 pages
    This document outlines Excel demos that teach how to use random number functions like RAND, lookup functions, and optimization tools to simulate business problems and find optimal solutions using Excel. It includes demos on scaling and transforming random values, automating processes, simulating normal distributions, performing simulations of the Walton bookstore problem using examples 1-3, and using the Goal Seek and Data Table tools.

    Original Description:

    Original Title

    DAO1704_Wk6_Introduction-to-Simulation-Modelling_Lecture-Slides.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines Excel demos that teach how to use random number functions like RAND, lookup functions, and optimization tools to simulate business problems and find optimal solutions using Excel. It includes demos on scaling and transforming random values, automating processes, simulating normal distributions, performing simulations of the Walton bookstore problem using examples 1-3, and using the Goal Seek and Data Table tools.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views47 pages

    DAO1704 - Wk6 - Introduction To Simulation Modelling - Lecture Slides PDF

    Uploaded by

    Parker Jack
    This document outlines Excel demos that teach how to use random number functions like RAND, lookup functions, and optimization tools to simulate business problems and find optimal solutions using Excel. It includes demos on scaling and transforming random values, automating processes, simulating normal distributions, performing simulations of the Walton bookstore problem using examples 1-3, and using the Goal Seek and Data Table tools.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 47

    LEARN ABOUT THE RAND FUNCTION

    NEXT

    EXCEL DEMO
    INTRODUCING THE RAND FUNCTION
    LEARN HOW TO SCALE AND
    NEXT
    TRANSLATE THE VALUES THAT
    ARE PRODUCED BY RAND

    EXCEL DEMO
    SCALING AND TRANSFORMING
    THE RAND FUNCTION
    LEARN HOW TO AUTOMATE
    NEXT
    THE PROCESS IN EXCEL

    EXCEL DEMO
    INTRODUCING THE LOOKUP FUNCTION
    LEARN HOW TO GENERATE A
    NEXT
    RANDOM NUMBER FROM A
    NORMAL DISTRIBUTION

    EXCEL DEMO
    SIMULATING A NORMAL DISTRIBUTION
    SETTING UP THE EXCEL SPREADSHEET
    NEXT

    EXCEL DEMO
    WALTON EXAMPLE 1
    PERFORM A SIMULATION OF THE
    NEXT
    WALTON BOOKSTORE PROBLEM IN EXCEL

    EXCEL DEMO
    WALTON EXAMPLE 2
    LEARN HOW TO FIND OPTIMAL ORDER
    NEXT
    WITH ‘GOAL SEEK’

    EXCEL DEMO
    WALTON EXAMPLE 3
    LEARN HOW TO USE ‘DATA TABLE’ IN EXCEL
    NEXT

    EXCEL DEMO
    DATA TABLE

    You might also like