The purpose of this paper is to focus on the development of a business failure prediction model on a sample of small and medium-sized firms with head offices located in the region of Castilla y Leon (Spain), in order to prove the significance of non-financial information on the prediction of business failure.
Although logistics research contains numerous applications of computer simulation modelling, logistics literature has outlined no standard procedure for determining the appropriate sample size when employing simulation methodology in logistics research. Addresses this deficiency by considering the issue of sample size determination in logistics simulation models. Describes a technique for det…