Understanding Computer Simulation

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Roger McHaney 978-87-7681-505-9 Books at bookboon.com 2009

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Computer simulation is used to reduce the risk associated with creating new systems or with making changes to existing ones. More than ever, modern organizations want assurance that investments will produce the expected results. For instance, an assembly line may be required to produce a particular number of autos during an eight hour shift. Complex, interacting factors influence operation and so powerful tools are needed to develop an accurate analysis. Over the past few decades, computer simulation software, together with statistical analysis techniques have evolved to give decision makers tools equal to the task. As the world grows more technical and the need for precision becomes more important, the margin for error will continue to shrink. Business, industry, and governments cannot afford to make educated guesses during systems development. For that reason, computer simulation is more important than ever.

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