SOFTWARE SIMULATIONS USAGE IN BUSINESS DECISION MAKING EDUCATION

Journal Title: Journal of Information Technology and Application (JITA) - Year 2013, Vol 3, Issue 1

Abstract

Because of great importance in improving business decision making teaching process in educational institutions, a large number of software simulators are developed. Based on that information, it was necessary to present simulations as one of the most modern educational solutions, with possibilities of their usage. The basic features of a software system developed to support the teaching of business decision making and machine learning algorithms used in this fi eld at the the Singidunum University Faculty of Business Valjevo, have been presented in the paper.

Authors and Affiliations

Marko Marković, Katarina Plečić

Keywords

Related Articles

MULTIDIMENSIONAL NUMBERS AND SEMANTIC NUMERATION SYSTEMS:THEORETICAL FOUNDATION AND APPLICATION

In this article, we present a new class of numeration systems, namely Semantic Numeration Systems. The methodological background and theoretical foundations of such systems are considered. The concepts of abstract entity...

E-TEXTBOOK DEVELOPMENT CAPACITIES WITHIN THE CURRENT CONTEXT IN THE REPUBLIC OF SERBIA

The study is a short sublimation of the e-book and e-textbook development. In digital age and with the adoption of new technologies, new educational digital platform has become an integral part of our everyday life and e...

CONTEMPORARY JAVA WEB TECHNOLOGIES AS A SERVICE FOR THE UNIVERSITY EMPLOYEES

This paper describes the web application used by employees of the School of Electrical Engineering in Belgrade. The application is based on contemporary open source Java web technologies (including frameworks such as Spr...

COMPARABLE EVALUATION OF CONTEMPORARY CORPUS-BASED AND KNOWLEDGE-BASED SEMANTIC SIMILARITY MEASURES OF SHORT TEXTS

This paper presents methods for measuring the semantic similarity of texts, where we evaluated different approaches based on existing similarity measures. On one side word similarity was calculated by processing large te...

CRM PERFORMANCES ACCENTED WITH THE IMPLEMENTATION OF DATA WAREHOUSING AND DATA MINING TECHNOLOGIES

Customer Relationship Management (CRM) has become more and more a key strategy for large and small businesses. It supports marketing, sales, services and involves direct and indirect customer interaction. Customers are p...

Download PDF file
  • EP ID EP244528
  • DOI 10.7251/JIT1301051M
  • Views 94
  • Downloads 0

How To Cite

Marko Marković, Katarina Plečić (2013). SOFTWARE SIMULATIONS USAGE IN BUSINESS DECISION MAKING EDUCATION. Journal of Information Technology and Application (JITA), 3(1), 51-56. https://europub.co.uk/articles/-A-244528