What is simulation, exactly? It’s the imitation of a real-world process or system. It uses a model that contains all the assumptions, behaviors, and relationships contained in that system. The model represents the system, the simulation represents the system’s operation over time, and the end result is a proving ground to learn, experiment, and improve that system before making changes in the real world. Simulation offers a venue to not only ask those all-important “what-if” questions about a real-world system, but to investigate and answer them.
Five important questions to ask before investing
in a simulation solution.