Modelling and Simulation


Modeling and simulation defines about the models that are used to represent the physical and mathematical systems as a basis for simulation to develop data which are used for managerial or technical decision making.  It helps to reduce costs, increase the quality of products and systems. It is used to train persons through virtual environment that would otherwise be difficult or expensive to produce. There are many categories in which it is very successfully used. But it is currently being used in defence domain, and medical simulation and transportation simulation as well.The leading Types of Simulation Models:

  • Monte Carlo/ Risk Analysis Simulation
  • Agent Based Modeling and Simulation
  • Discrete Event Simulation
  • System Dynamics Simulation Solutions

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