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Learning Objectives Module15

Learning Objectives Module15 - implementing simulation...

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Learning Module 12: Simulation Analysis Learning Objectives 1. Understand what simulation is and how it aids in the analysis of a problem. 2. Learn why simulation is a significant problem-solving tool. 3. Understand the difference between static and dynamic simulation. 4. Identify the important role probability distributions, random numbers, and the computer play in
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Unformatted text preview: implementing simulation models. 5. Realize the relative advantages and disadvantages of simulation models. 6. Given a probability distribution simulate a sequence of random variables from that probability distribution simulation Monte Carlo simulation simulation model discrete-event simulation 12 - 1 12 - 2...
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