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Flashcards covering general simulation concepts, discrete event simulation, system dynamics, Monte Carlo simulation, verification, validation, experimentation, analysis, and practical examples.
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Simulation
An abstract representation of real-world systems used to analyze behavior, predict outcomes, and identify improvements without conducting real-world experiments.
Benefits of Simulation
DES Components
Entities (DES)
Objects flowing through a system. Examples: customers, patients.
Events vs. Activities
Events: Instantaneous, system state changes. Activities: Actions requiring resources and duration.
Queue Disciplines in DES
DES Application Examples
Hospitals, banks, restaurants.
System Dynamics
Method analyzing complex systems through stocks, flows, and feedback loops to understand aggregate behavior over time.
Stocks and Flows
Stocks: Accumulations or system states (e.g., inventory). Flows: Rates of change affecting stocks (e.g., sales rate).
Feedback Loops
Causal Loop Diagram
To visually represent feedback relationships in systems, highlighting reinforcing and balancing loops.
SD Application Examples
Workforce management, epidemic modeling.
Monte Carlo Simulation
A simulation method using random sampling and statistical analysis to evaluate outcomes under uncertainty.
Monte Carlo Applications
Inventory control, financial risk analysis.
DES vs SD (Time Representation)
DES: Discrete, event-based. SD: Continuous, aggregated over time
DES vs SD (Complexity)
DES: Detailed, operational. SD: Strategic, aggregate-level
Verification vs Validation
Verification: Checks correctness of model construction. Validation: Ensures model accurately represents reality.
Validation Techniques
Confidence Interval (Formula)
CI=xˉ±1.96sn
Sensitivity Analysis (Purpose)
To test how sensitive outcomes are to variations in parameters, ensuring robustness of results.
Example Entities (Bank Simulation)
Customers (entities), cashiers (resources), queues.
Example Stock-Flow (Bricklaying Workforce)
Stocks: Apprentices, qualified bricklayers, master bricklayers. Flows: Training, promotion, attrition rates
Managerial Insights from Simulation
Resource allocation, Staffing optimization, Process improvements
Activity Cycle Diagram (ACD)
Visual representation of sequences and cycles of activities, resources, and queues in DES models.
Causal Loop Diagram (Components)
Variables, causal links (+/-), feedback loops (Reinforcing/Balancing).
Probability Distributions (Examples in DES)
Exponential: customer arrivals. Normal: processing times. Uniform: service duration estimates