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Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. [1] This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment. Typically, then, financial modeling is understood ...
One important case of hard coding is when strings are placed directly into the file, which forces translators to edit the source code to translate a program. (There is a tool called gettext that permits strings to be left in files, but lets translators translate them without changing the source code; it effectively de-hard codes the strings.)
In the last few years, the agent-based modeling (ABM) community has developed several practical agent based modeling toolkits that enable individuals to develop agent-based applications. More and more such toolkits are coming into existence, and each toolkit has a variety of characteristics.
IFPS was an essential financial model-development tool for long range planning and strategic planning, popular business practices in the 1980s. As an "English-like" language, IFPS made it very simple to express relationships among financial concepts without having to worry about sequential logic, as the program would figure out dependencies ...
STELLA runs one window at a time, meaning that only one model can be run at any given moment. [4] The program's native file formats are denoted either by an .stm, .stmx, .itm, or .itmx filename extension. STELLA also uses the emerging XML-based standard for storing models, XMILE. [19]
Computational finance is a branch of applied computer science that deals with problems of practical interest in finance. [1] Some slightly different definitions are the study of data and algorithms currently used in finance [2] and the mathematics of computer programs that realize financial models or systems. [3]
An instruction step is a method of executing a computer program one step at a time to determine how it is functioning. This might be to determine if the correct program flow is being followed in the program during the execution or to see if variables are set to their correct values after a single step has completed.
A software development methodology is a framework that is used to structure, plan, and control the life cycle of a software product. Common methodologies include waterfall, prototyping, iterative and incremental development, spiral development, agile software development, rapid application development, and extreme programming.
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