Difference between revisions of "Simulation"

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== Definition ==
 
== Definition ==
'''Simulation'''. Statistical / Mathematical Concept.
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'''Simulation''' is very general organizational (management) process or tool that aims to explore and analyse a real-world phenomenon (system, entity) through the imitation (emulation) of its governing rules and, hence, its response to varying scenarios.  
  
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In many cases simulation denotes a more specific statistical / mathematical concept that typically requires the use of mathematical models (representations of the key characteristics or behaviors of the system or process being studied).
  
[[Category:Stub]]
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== See Also ==
[[Category:Statistics]]
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* [[Monte-Carlo Simulation]]
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* [[Digital Twin]]
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[[Category:Simulation]]

Latest revision as of 21:02, 21 November 2022

Definition

Simulation is very general organizational (management) process or tool that aims to explore and analyse a real-world phenomenon (system, entity) through the imitation (emulation) of its governing rules and, hence, its response to varying scenarios.

In many cases simulation denotes a more specific statistical / mathematical concept that typically requires the use of mathematical models (representations of the key characteristics or behaviors of the system or process being studied).

See Also