Why use simulation modeling?
Simulation modeling solves real-world problems safely and efficiently. It is an important method of analysis which is easily verified, communicated, and understood. Across industries and disciplines, simulation modeling provides valuable solutions by giving clear insights into complex systems.
Bits not atoms. Simulation modeling is experimentation on a valid digital representation of a system. Unlike physical modeling, such as making a scale copy of a building, simulation modeling is computer based and uses algorithms and equations. The model of the system is dynamic and can be analyzed while it is running, even viewed in 2D or 3D.
Computer simulation is used in business when conducting experiments on a real system is impossible or impractical, often because of cost or time.
The ability to analyze the model as it runs sets simulation modeling apart from other methods, such as those using Excel or linear programming. By being able to inspect processes and interact with a simulation model in action, both understanding and trust are quickly built.