How is simulation used?
Simulation lets users: • Conduct forecasting exercises for new product introductions or price fluctuations • Prepare for industry changes, such as mergers or deregulation • Deal with business cycles that involve seasonal demand or over capacity • Weigh trade-offs, such as spending more on capital investment or preventative maintenance.
Related Questions
- Are SIO tags used to define inputs and outputs of the simulation model and are different definition files used to connect SIO tags to external data structure?
- Can Coprocessor simulations be used in a transaction level simulation environment?
- How can I tell what force field parameters were used in a particular simulation?
