MEANING OF SIMULATION

It is a natural and logical extension to the analytical and mathematical models inherent in O.R. There are many situations which cannot be represented mathematically due to the stochastic nature of the problem, the complexity of problem formulation or the interactions needed to adequately describe the problem under study. For many situations defying mathematical formulation, simulation is the only tool that might be used to obtain relevant answers.

According to T.H. Taylor: “Simulation is a numerical technique for conducting experiments on a digital computer, which involves certain types of mathematical and logical relationships necessary to describe the behaviour and structure of a complex real word system over extended ...

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