Simulation is a popular method which deals with creating a representation on computer of a real system. In the era of Industry 4.0, businesses benefit a lot from simulation in many ways.
This course is aimed at teaching the principles of simulation modeling and analysis for business.
You will learn why a simulation model should be built, how it is built, and what you do with it.
Furthermore, because simulation models rely on data, you will learn how you manage data and the techniques and tools to perform statistical analysis of input and output data.
During the course, Simul8 simulation software will be used for demonstrating how the theories are applied in practice.
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5 teaching hours