Quantitative Techniques: Theory and Problems (2024)

STEPS IN THE SIMULTATION PROCESS

Although simulations vary in complexity from situation to situation, in general one would have to go through the following steps:

Step 1→Define the problem or system you intended to simulate.
Step 2→Formulate the model you intend to use.
Step 3→Test the model; compare its behaviour with the behaviour of the actual problem.
Step 4→Identify and collect the data needed to test the model.
Step 5→Run the simulation
Step 6→Analyze the results of the simulation and, if desired, change the solution you are evaluating.
Step 7→Rerun the simulation to test the new solution.
Step 8→Validate the simulation; this involves increasing the chances of the inferences you may draw about the real situation ...
Quantitative Techniques: Theory and Problems (2024)
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