Simulation models
iBizSim is available in two basic simulation models and their variations.
Basic model 1 is comprised initially of two products Alpha and Beta, and four markets EU, NAFTA, ASEAN and MERCOSUR. The currencies used in this model are Euro, U.S. Dollar and Japanese Yen.
Basic model 2 is also comprised initially of two products Alesa and Bordo and four markets Germany, USA, China and India. The currencies used in this model are Euro, U.S. Dollar, the Chinese Yuan and Indian Rupee.
Basic models 3 and 4 are extensions of the corresponding models 1 and 2 with each product having two product variations.
The first market in each simulation model is the home market of the simulated company.
The production in each simulation model is located in the home market of each model. The raw materials needed for the production are different for each product.
The company finances and accounts are in the currency of the home market. Exchange rate fluctuations affect the profitability of the different markets.
