A Spreadsheet Model for the Decision of Expanding Operations under Uncertainty: A Simulation Optimization Approach


Sipahi S.

2010 International Conference on Business, Economics and Tourism Management, Singapore, Singapur, 26 - 28 Şubat 2010, ss.283-287 identifier

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Cilt numarası:
  • Basıldığı Şehir: Singapore
  • Basıldığı Ülke: Singapur
  • Sayfa Sayıları: ss.283-287
  • İstanbul Üniversitesi Adresli: Evet

Özet

In the last two years global economic crisis has devastated almost all business sectors. However, the fast food sector is one of the industries that has managed to be saved from the crisis. The industry is experiencing phenomenal growth that has been stimulated by the consecutive increases of consumer consumption and capital investment in many countries. Investments into the sector create ever growing furious competition expanding in the global markets.