SIMUL8 simulation software is a product of the SIMUL8 Corporation used for simulating systems that involve processing of discrete entities at discrete times.
This program is a tool for planning, design, optimization and reengineering of real production, manufacturing, logistic or service provision systems.
What is the use of simulation?
Often, computer experiments are used to study simulation models. Simulation is also used with scientific modelling of natural systems or human systems to gain insight into their functioning, as in economics. Simulation can be used to show the eventual real effects of alternative conditions and courses of action.
What are the advantages of simulation?
Main advantages of simulation include:
- Study the behavior of a system without building it.
- Results are accurate in general, compared to analytical model.
- Help to find un-expected phenomenon, behavior of the system.
- Easy to perform “What-If” analysis.
What is simulation and how does it help in decision making?
Process improvement: Simulation can help in decision-making in the field of process improvement because it allows the impact of a change in the process to be predicted.
What is simulation in decision making?
SIMULATION. A simulation is basically an imitation, a model that imitates a real-world process or system. In business and management, decision makers are often concerned with the operating characteristics of a system.