SIMULATION MODEL Usually, a simulation model is a computer model that imitates a real-life situation.
{"Image DocumentName": "SIMULATION MODELUsually, a simulation model is a computer model that imitates a real-life situation.", "Image ImageDescription": "It is like other mathematical models, but it explicitly incorporates uncertainty in one or more input quantities. When we run simulation, we allow these random quantities to take various values, and we keep track of any resulting output quantities of interest. In this way, we are able to see how the outputs vary as a function of the varying inputs.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}