The World Economic Forum 2023, recently held in Switzerland, was focused on the world's most pressing global challenges and the potential for advancing innovative solutions. In this blog post, we will shine a light on some of the most severe risks over the next decade and our abilities to tackle global issues for future resilience using simulation modeling.
Simulation plays an important role in project management as it allows you to predict possible risks and reduce the impact of incorrect decisions on project implementation. In this blogpost, we will look at how different modeling methods could be applied to the problem of software development project management, but then focus on the agent-based approach and its advantages.
For nearly 24 hours, across multiple time zones, presenters from all around the world thrilled more than 1,000 people from over 80 countries with tales of modeling and simulation at the AnyLogic Conference 2022.
Production scheduling is the process of maximizing the efficiency of production through the detailed planning of manufacturing operations in the short-term. In this blog post, we will illustrate how exactly this has been done using real-world examples from different industries.
Risk management is the process of identifying, assessing, and controlling risks for a business. These risks could stem from a wide variety of sources and if an unforeseen event blindsides your business, it could sustain a financial loss. Simulation is a tool that helps identify potential risks and find ways to make your business resilient.
The AnyLogic Conference will cover software applications across multiple industries. Domino’s Pizza, Netherland Railways, PwC, Komatsu, GHD, and many more companies will share their simulation experience. Check out the program and register now!
Automated guided vehicles are widely used in manufacturing and warehousing to move items around. A simple example model combines various AnyLogic libraries and modeling approaches to simulate the AGV charging process. Read through and don’t forget to open the model in AnyLogic software to follow along with the example.
There is a significant and growing wealth gap in almost every country throughout the world. There are many reasons for this growing inequality amongst the population, but can a combination of simulation and luck play a part in identifying how to stop this trend or even reverse it?