Discrete-Event Simulation and System Dynamics for Management Decision Making

✍ Scribed by Sally Brailsford, Leonid Churilov, Brian Dangerfield

Publisher: Wiley
Year: 2014
Tongue: English
Leaves: 362
Series: Wiley Series in Operations Research and Management Science
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

In recent years, there has been a growing debate, particularly in the UK and Europe, over the merits of using discrete-event simulation (DES) and system dynamics (SD); there are now instances where both methodologies were employed on the same problem. This book details each method, comparing each in terms of both theory and their application to various problem situations. It also provides a seamless treatment of various topics--theory, philosophy, detailed mechanics, practical implementation--providing a systematic treatment of the methodologies of DES and SD, which previously have been treated separately.

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