Modeling the Human Component of Computerized Business Simulations

Abstract

The effects of recruitment, benefits, training, and labor cost on the human component of production can be modeled plausibly by the concave exponential, convex exponential, logistic, and cusp catastrophic functions, respectively. When continuous mathematical functions such as these are used in computerized business simulations, the student who researches the algorithms of the simulation will develop a deep understanding of the mathematics. This deep understanding may be more valuable than the surface understanding of business that such simulations nominally teach.