Business Simulation Analysis

Introduction

This course offers a comprehensive exploration of business simulation techniques, focusing on their application in uncertain and variable environments. Students will gain hands-on experience with Discrete-Event, Agent-Based, and Monte Carlo simulations, learning to navigate the complexities of business decision-making with computer-based simulation tools.

Course content

• Fundamentals of different simulation approaches in business decision-making.
• Techniques and applications of Monte-Carlo simulation.
• Introduction to and advanced features of the AnyLogic modeling environment.
• Techniques and applications of Discrete-Event simulation.
• Techniques and applications of Agent-Based simulation.
• Methods for calibration, optimization, and managing parameter variations.
• Exploration of the pedestrian and other specialized libraries within AnyLogic.
• Practical insights into simulation deployment in professional settings.