# SIMULATION

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## Presentation Transcript

### SIMULATION :

SIMULATION Contents Introduction Meaning Application of simulation Procedure Simulation models The steps in simulation process Advantages of simulation Disadvantages of simulation

### INTRODUCTION :

INTRODUCTION Simulation is a quantitative that utilizes a computerized symbolic model. In order to represent actual decision making under conditions of uncertainty of evaluating alternative courses of action based upon facts and assumptions.

### Meaning :

Meaning Simulation is a numerical technique for conducting experiments on digital computer , which involves certain types of mathematical and logical relationship necessary to describe the behavior and structure of a complex real word system over extended period of time .

### APPLICATION OF SIMULATION :

APPLICATION OF SIMULATION Aircraft scheduling Bank teller scheduling Bus scheduling Brand selection Locating warehouses Library operations design

### PROCEDURE :

PROCEDURE The approaches for solving a problem in gambling can be extended to decision making in business were risk is common feature .The probabilities association with variables can be estimated on the basis of past data if available

### SIMULATION MODELS :

SIMULATION MODELS Deterministic models Probabistic models Static model Dynamic model

### The steps in simulation process :

The steps in simulation process Define the problem Analyses cost & benefits Code the model Validate the model Plan the experiment Analyses the result &draw the conclusions Document & implement the findings