Towards the Development of a Simulator for Investigating the Impact of People Management Practices on Retail Performance

Computer Science – Artificial Intelligence

Scientific paper

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

24 pages, 7 figures, 6 tables, Journal of Simulation 2010

Scientific paper

Often models for understanding the impact of management practices on retail performance are developed under the assumption of stability, equilibrium and linearity, whereas retail operations are considered in reality to be dynamic, non-linear and complex. Alternatively, discrete event and agent-based modelling are approaches that allow the development of simulation models of heterogeneous non-equilibrium systems for testing out different scenarios. When developing simulation models one has to abstract and simplify from the real world, which means that one has to try and capture the 'essence' of the system required for developing a representation of the mechanisms that drive the progression in the real system. Simulation models can be developed at different levels of abstraction. To know the appropriate level of abstraction for a specific application is often more of an art than a science. We have developed a retail branch simulation model to investigate which level of model accuracy is required for such a model to obtain meaningful results for practitioners.

No associations

LandOfFree

Say what you really think

Search LandOfFree.com for scientists and scientific papers. Rate them and share your experience with other people.

Rating

Towards the Development of a Simulator for Investigating the Impact of People Management Practices on Retail Performance does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Towards the Development of a Simulator for Investigating the Impact of People Management Practices on Retail Performance, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Towards the Development of a Simulator for Investigating the Impact of People Management Practices on Retail Performance will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFWR-SCP-O-601043

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.