or forces have made our age (the postmodern era) an age of simulacra? What benefits and risks does this postmodern, hyperreal age present? When Baudrillard refers to “simulacra,” Baudrillard is talking about simulating, as stated in the text, simulation threatens the difference between “true” and “false,” between “real” and “imaginary”. The examples Baudrillard uses to explain this word is when the text relates to being ill. “A person can go to bed and make believe he is ill. But someone who simulates
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Assignment #1: JET Copies Case Problem Read the “JET Copies” Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year, as follows: 1. In Excel, use a suitable method for generating the number of days needed to repair the copier, when it is out of service, according to the discrete distribution shown. 2. In Excel, use a suitable method for simulating the interval between successive breakdowns, according to the continuous
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Derivative Securities Tutorial Questions Option pricing using Simulation Techniques QUESTION 1 This question refers to the VBA program “Monte Carlo European Option.xlsm” as well as the option discussed in lectures (details repeated as follows) Stock price is currently traded at $1.76. Calculate the price of a European call (strike $1.60, maturity 3 months) on one share. Assume risk free rate of 10% p.a., stock price volatility is 30% p.a. and company not expected to pay any dividends
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County Hospital Simulation Project Abstract The paper offers a simulation model describing the X-ray departments operations in the county hospital. It can be used for testing various process scenarios, for allocation of resources and also conduct activity based cost analysis. The simulation model is used for demonstrating a new operational method that makes the operations at the X-ray department more effective. The operational method is referred to as Triage team method. This method has been
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The Uses of Simulation in the Military Week 1, Research Paper Simulation has been a part of the military for almost as long as war has been around. However the types of simulations that we use today are a modern invention. Generals have been creating and testing strategies in simulation for a long time. Today we have the technology to create virtual representations of a battle zones stocked with geographical landscapes, both hostile and non-hostile NPCs (non-playable characters) and controllable
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For the Root Beer Game Simulation, I played the role of a factory. My responsibility was to receive orders from the distributor and place orders for raw materials. At the beginning, the orders I received from the distributor was pretty stable (50,000 products each week, for the first 5 weeks). I could have used the 150,000 products that I was already carrying, but I decided not to. Instead, I ordered more inventory to plan ahead for increased demand. I did this despite the inventory costs because
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Acknowledgement 3 3) Abstract 5 4) Introduction 6 5) Simulation code 8 ➢ Order Book 8 ➢ Diffusion 9 ➢ Price and
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JET Copies Case Problem In analyzing the case, JET Copies Case Problem, the following categories will be addressed: Model number of days to repair 1. In Excel, use a suitable method for generating the number of days needed to repair the copier, when it is out of service, according to the discrete distribution shown. JET copies needs to know the number of days they need to repair, when the copy machine is out of service. Using the given table, there are three columns of probability
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………………………………………………………………….. 5 5. Multisim Simulation Results …………………………..………………………. 5 6. Experimental Procedure ………………………………………………… 6 7. Analysis of Results ..……………..…………………………………….. 6 8. Troubleshooting ….……..…………………………………………….. 6 9. Conclusion ..……………………………..…………………………….. 6 List of Figures 1. Resistor Circuit Schematic .………………………………….. 5 2. Multisim Simulation Circuit ………………………………………….. 6 3. Simulation circuit ..…. ………………………………………….. 7 List
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Chapter 51. Enhancing Patient Safety in Nursing Education Through Patient Simulation Carol Fowler Durham, Kathryn R. Alden Background The alarming rise in morbidity and mortality among hospitalized patients throughout the United States heightens concerns about professional competency.1 Nurses and other health care professionals are under increased scrutiny to provide safe, effective care. Likewise, nursing education programs are faced with increased pressure to produce graduates who are
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