Applying Monte Carlo simulation in predicting costs of manufacturing companies: the case of Companhia Vale do Rio Doce Aplicabilidade do método de simulação de Monte Carlo na previsão dos custos de produção de companhias industriais: o caso da Companhia Vale do Rio Doce
The need for qualified decisions in business environment creates demands for the use of mathematical and statistical methods to assist the decisional process. In this context, this article aims to test the applicability of the method of Monte Carlo simulation to predict changes in production costs i...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universidade de São Paulo (USP)
2010-12-01
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Series: | Revista de Contabilidade e Organizações |
Subjects: | |
Online Access: | http://revistas.usp.br/rco/article/view/34781 |