January 2012
Intermediate to advanced
165 pages
4h
English
Content preview from Operations Methods
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Simulation Information
This appendix serves as a reference for readers who are interested in developing their own simulation models using Excel. Figure D.1 shows the Excel expressions used for the M/M/1 simulation module described in Figures 7.6 and 7.7. Additional expressions for using random numbers to generate input values for simulation are provided along with some general tips for using Excel. A description of useful Excel functions and capabilities for simulation applications completes this appendix.
Basic simulation module set up for an M/M/1 model. Note the necessary differences in the equations for the first three customers or items. To help identify what the cell addresses in the formulas are referring to, the cell address ...
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