Glossary
- Flow Diagram, or Flowchart
A graphical means of presenting the logic of a simulation model. It is a tool that helps in writing a simulation computer program.
- Monte Carlo Simulation
A simulation that experiments with probabilistic elements of a system by generating random numbers to create values for those elements.
- Operational Gaming
The use of simulation in competitive situations such as military games and business or management games.
- Random Number
A number whose digits are selected completely at random.
- Random Number Interval
A range of random numbers assigned to represent a possible simulation outcome.
- Simulation
A quantitative analysis technique that involves building a mathematical model that represents a real-world situation. ...
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