"2"^^ . . . "RENDE" . . "RIV/71226401:_____/12:#0000022" . . "Monte Carlo simulation - the bank account selection in the Czech Republic according to the bank charges" . "Monte Carlo simulation - the bank account selection in the Czech Republic according to the bank charges" . "2012-01-01+01:00"^^ . . "L\u00EDzalov\u00E1, Lenka" . . "Simulation methods belong to the suitable instruments that can be used in the real world situations to better understand the reality or to make a responsible decision. Monte Carlo simulation is a method for iteratively evaluating a deterministic model using sets of random numbers as inputs. This method is often used when the model is complex, nonlinear, or involves more than just a couple of uncertain parameters. As in the Czech Republic the situation with the selection of the appropriate bank account is complicated (because of the non-transparent bank charges), we have created a simulation model to find the best account for 3 different types of retail clients. We compare our results with the solution obtained from MS Excel, Crystal Ball and the multi-criteria evaluation of alternatives model."@en . "978-88-97999-10-2" . "Monte Carlo simulation - the bank account selection in the Czech Republic according to the bank charges"@en . "RIV/71226401:_____/12:#0000022!RIV13-MSM-71226401" . . . "Italy" . . . "Monte Carlo simulation; bank charges"@en . . "Proceedings of the International Conference on Modeling and Applied Simulation" . "Simulation methods belong to the suitable instruments that can be used in the real world situations to better understand the reality or to make a responsible decision. Monte Carlo simulation is a method for iteratively evaluating a deterministic model using sets of random numbers as inputs. This method is often used when the model is complex, nonlinear, or involves more than just a couple of uncertain parameters. As in the Czech Republic the situation with the selection of the appropriate bank account is complicated (because of the non-transparent bank charges), we have created a simulation model to find the best account for 3 different types of retail clients. We compare our results with the solution obtained from MS Excel, Crystal Ball and the multi-criteria evaluation of alternatives model." . "Monte Carlo simulation - the bank account selection in the Czech Republic according to the bank charges"@en . "N" . . . "Kuncov\u00E1, Martina" . "151774" . "[DD6B872C2AA0]" . . . "2"^^ . . "9"^^ . "Vienna" .