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BEFORE THE INDUCTIVE LEAP: EIGHT STEPS TO SYSTEM SIMULATION

BEFORE THE INDUCTIVE LEAP: EIGHT STEPS TO SYSTEM SIMULATION ABSTRACT The purpose of this article is to critically describe when and how one applies simulation to business systems. Throughout, the discussion is based on a realistic example of a grocery checkout counter. The construction of both a deterministic and a stochastic simulation are explained and illustrated. Important topics covered include: the advantages and disadvantages of simulation, the formulation of system simulations, the methods of moving time, the concept and use of random numbers, tests of validity, and the analysis of results. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Decision Sciences Wiley

BEFORE THE INDUCTIVE LEAP: EIGHT STEPS TO SYSTEM SIMULATION

SEXTON, DONALD E.
Decision Sciences , Volume 1 (1‐2) – Jan 1, 1970
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References (4)

Publisher
Wiley
Copyright
Copyright © 1970 Wiley Subscription Services, Inc., A Wiley Company
ISSN
0011-7315
eISSN
1540-5915
DOI
10.1111/j.1540-5915.1970.tb00775.x
Publisher site
See Article on Publisher Site

Abstract

ABSTRACT The purpose of this article is to critically describe when and how one applies simulation to business systems. Throughout, the discussion is based on a realistic example of a grocery checkout counter. The construction of both a deterministic and a stochastic simulation are explained and illustrated. Important topics covered include: the advantages and disadvantages of simulation, the formulation of system simulations, the methods of moving time, the concept and use of random numbers, tests of validity, and the analysis of results.

Journal

Decision Sciences – Wiley

Published: Jan 1, 1970

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