RWTH Aachen Summer Simulation Seminar 2014Lecturer
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Summary of Content
Simulation is becoming increasingly popular as a decision support tool in Operations Research and Management Science (OR/MS) as well as in Controlling. This can be accounted to the recent increase in data availability and improvements of speed in computer hardware. While analytical methods are good in expressing static dependencies between variables, simulation helps to better understand the dynamic behaviour of the processes currently in place and shows the consequences of changes to these processes over time. Besides its standard application of studying the operations of a system simulation has more recently also gained attention as a useful tool for studying the behaviour of people in human centred service systems. Please Note: An updated version of slides/models can be found here [url]. Photos (click to open)
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