Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
14 Cards in this Set
- Front
- Back
|
Some types of models?
|
Mental models
Visual models Physical models Mathematical models Spreadsheet models |
|
|
Benefits of Using Models?
|
They Are Cheap
They Let You Explore Improve Intuition They Are Fast They Can Reduce Costs |
|
|
Risks of Spreadsheet Use?
|
many, perhaps most, spreadsheets contain internal errors
|
|
|
Challenges with spreadsheets
|
Plan-Prototype-Debug
|
|
|
Background knowledge for spreadsheet modeling.
|
Basic Algebra
Simple Logic Basic Probability |
|
|
Step for going from real world to model world and back to real world
|
formulate problem statement into assumptions and model structures, analysis of assumptions and model structures and get results and conclusions, interpretation of results and conclusions to get soultion ( Real World)
|
|
|
The model formulatoin process typically forces us to confront what four features of a model?
|
decisions, outcomes, structure, and data.
|
|
|
Possible choices or actions to take
|
decisions
|
|
|
Consequences of the decisions
|
outcomes
|
|
|
Logic that links elements of the model together
|
structure
|
|
|
Numerical assumptions in model
|
data
|
|
|
Tom Willemain identified what five topics important to modelers?
|
Problem Context
Model Structure Model Realization Model Assessment Model Implementation |
|
|
Lessons from novice modelers. there is too much what?
|
Too Much
Reliance on given numerical data Shortcuts Brainstorming |
|
|
Lessons from novice modelers. there is too little of what?
|
Too Little
Use of abstract variables and relationships Self-evaluation Structured problem solving |
