Foundations of OR: Simulation
A practical introduction to simulation modelling, allowing you to understand the benefits of simulation and when to use it.
Description
- An introduction to simulation modelling
- Understand its benefits and potential applications in a variety of contexts.
- Diversify your analytical skills with simulation modelling
Learning objectives
- Introduction to using software for discrete event simulation (DES)
- Introduction to modelling in Excel (Monte Carlo)
- How to use models to explore different scenarios
- Data needs for DES simulation models
Topics
- Introduction to simulation
- Visual interactive simulation
- Simulation in Excel
- Simulation data needs and analysis
- Simulation experimentation and calibration
Audience
An ideal course for any analyst in any organisation wishing to develop their practice in this approach.
The course is useful for managers that have simulation models put in front of them and need to critically evaluate these (be able to ask some pertinent questions).
Course format
- PowerPoint presentation to introduce the topics
- Case studies based on ‘real world’ problems
- Practical sessions using Simul8 software and Microsoft Excel with the analysis tool pack
- Group discussion/work to explore the topics in more detail
- Bring questions from your own work to embed your learning
- Supporting resource pack available to use following the course
Related courses
- Foundations of OR: OR and the OR Process
- Foundations of OR: Essential OR Skills for Practitioners
- Foundations of OR: Statistical Methods in OR: Descriptive Statistics, Sampling and Regression
- Foundations of OR: Statistical Methods in OR: Forecasting