Thursday, August 26, 2021

Lecture A2 (2021-08-26): Introduction to Simulation Modeling

In this lecture, we pivot from our general introduction to (quantitative) modeling to a more specific introduction of simulation modeling. System dynamics modeling (SDM), agent-based modeling (ABM), and discrete event system (DES) simulation are introduced, with the most detail on DES that will be the focus for the course. We then motivate the approach of "stochastic modeling" -- using randomness in these models in place of deterministic details.



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