10ExperimentationSimulation Scenario Analysis

DOI: 10.4324/9781003124092-10

Introduction

Chapter 9 covered simulation output analysis for obtaining accurate results from a single simulation model (figure 10.1). This can generate descriptive analytics if we are modelling the current state of a system that already exists or predictive analytics if we are modelling a new state of a system or a system that does not exist. This chapter covers comparing the results across two or more versions of our simulation model. Scenario analysis (also termed what-if analysis) involves changing input parameters or the model design and observing the results. This generates predictive analytics, the ability to predict future performance to help plan for the ...

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