What Is Simulation Technology?
Simulation technology is the process of using modern computer software and hardware to analyze the potential outcome of a given situation, based on known factors and the introduction of one or more variables that have the ability to influence the outcome of any given situation. This type of computer modeling is helpful in many different situations, ranging from the creation of marketing plans, the launch of public relations schemes, and even the placement of a new retail outlet. The idea behind the creation of the simulation is to minimize the possibility of an undesirable outcome from emerging, while also uncovering factors that are likely to enhance the chances for success.