TY  - JOUR
T1  - Probabilistic Model for Estimation of Monthly Cost for Mobile Phone
AU - Prazak, Pavel 
JO  - The Social Sciences
VL  - 12
IS  - 1
SP  - 114
EP  - 118
PY  - 2017
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2017.114.118
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2017.114.118
KW  - Model
KW  -simulation
KW  -cost
KW  -decision making
KW  -MATLAB
AB  - Managers and their decisions can be successful only if they research with correct and relevant
information. Because it is not possible to implement an experiment with institutions that are to be managed, it
is necessary to provide artificial experiments within an appropriate model. This is the way how simulation
models are introduced into managerial research. The aim of this paper is to introduce a simulation model and
its implementation in MATLAB that can be used for estimation of total monthly cost for a selected mobile
phone tariff. Finally the properties for different parameters and other tariff are discussed as well.
ER  -