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Words: | Submitted: Mon Jun 19 2006
... experiments means that real systems are not disrupted , i.e. " the model could be used to evaluate different configurations or processing decision rules without disrupting production schedules." 3. In gathering information through the use of simulation, it means that the information can be gathered mush quicker then trying to gather the same information from a real system, this is known as time compression. 4. "Simulation is useful in sharpening managerial decision-making skills through gaming." This means that simulation can help to relate operating characteristics to important managerial decisions. Gaming allows the manager to examine any new ideas he/she may have with out disrupting the normal operations of the firm. When discussing the benefits of simulation the negative side of this technique also must be addressed. The main negative implication of this technique is the fact that most analysts see simulation as a technique of last resort, as simulation requires continuous testing to ...
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