Simulations page 165

• Imitation of reality
• Allows for experimentation and time compression
• Descriptive, not normative
• Can include complexities, but requires special skills
• Handles unstructured problems
• Optimal solution not guaranteed

• Methodology

1. Problem definition
2. Construction of model
3. Testing and validation
4. Design of experiment
5. Experimentation
6. Evaluation
7. Implementation
8. Explore problem at hand
9. Identify alternative solutions
10. Can be object-oriented
11. Enhances decision making
12. View impacts of decision alternatives