My simulation professor used to say that GPS gives you the exact answer whereas a compass points you in the general direction of where you’re trying to get to. It’s meant to explain that simulation doesn’t give you a single number that’s the right answer it gives you guidance of the area to look at
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Simulation is about doing an analysis to make an evidence based decision, does this mean that the numerical results are the only important part? Absolutely not. In days gone by simulations would take hours to run, so you ran your simulation in a little dark room, then presented your report filled with numbers and charts.
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We were really pleased this week when Gino Sorcinelli, a lecturer at The University of Massachusetts Amherst got in touch to let us know that SIMUL8 would be appearing in a picture on the home page of the UMass website. We were even more pleased when we discovered that SIMUL8 is being used as part
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SIMUL8 2011 is out now and in the SIMUL8 Corporation offices we are loving the new release. For this month’s newsletter as CTO I was asked to tell you about my top 5 features in SIMUL8 2011 and why I know you’ll love them too. Each year I’m given this tough task of choosing my
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Then why not enter the INFORMS Undergraduate Operations Research Prize? It’s an annual competition that honors a student/group of students who have conducted a significant applied project or original and important theoretical/applied research in operations research or management science whilst enrolled as an undergraduate student. For a chance to win submit your paper to the
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