13.6 Other Simulation Issues
Simulation is one of the most widely used tools in business. As we have seen in the earlier parts of this chapter, applications abound, as we are not restricted by the assumptions in some of the mathematical models discussed in earlier chapters. In this section, we look at a few other issues related to simulation, including some of the software tools available.
Two Other Types of Simulation Models
Simulation models are often broken into three categories. The first, the Monte Carlo method just discussed, uses the concepts of probability distribution and random numbers to evaluate system responses to various policies. The other two categories are operational gaming and systems simulation. Although in theory the three ...
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