business modelling

Question description

1/what a black box model represent in a modelling process?

2/ Discuss the distinction between Model world and real world? Example? Why it’s important when we interpret the model world, we are wearing the modelling spectacles?

3/ Influence diagram all of it?

4/ Roles of spreadsheet in business modelling?

What is the spreadsheet engineering and process?

Around 150-200 words for each question. This is Business Modelling subject.

 

 

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