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In addition to management decision-making games and model validation,discrete-event simulation can be used for what other purpose?
Promisor
A person who makes a promise.
Promisee
The person to whom a promise is made or who stands to benefit from the fulfillment of the promise.
Express Contract
An express contract is a legally binding agreement where the terms are explicitly stated by the parties involved either orally or in writing.
Implied Contract
An agreement created by actions of the parties involved, rather than written or spoken words, which has the same legal force as a written contract.
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