Computer Simulation in Management Science

The fifth edition of this book reflects its continued popularity and standing in the field. It provides a clear guide to the role of modelling and the computer simulation methods used in management science. Readers will find an in--depth coverage of the modelling, computing and statistical aspects of discrete simulation and systems dynamics. The 5th edition of this popular book is essential for management science students, MBAs and practitioners in this area. It shows how practical simulation models are built and used, and provides the theory needed to do this - whatever software is used. It covers the modelling methods, computing and statistical requirements for successful simulation and includes: a new chapter on Monte Carlo simulation using spreadsheets a new look inside discrete simulation software simulation models in Visual Basic, SIMUL8 and Micro Saint system dynamics using Powersim The 5th edition of this popular book is essential for management science students, MBAs and practitioners in this area. It shows how practical simulation models are built and used, and provides the theory needed to do this - whatever software is used. It covers the modelling methods, computing and statistical requirements for successful simulation.