Simulation Modelling for Business

Name: Simulation Modelling for Business
Brand: Taylor & Francis Ltd
Price: 257.75 AUD
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By: Andrew Greasley

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Hardcover | 28 December 2003

At a Glance

Hardcover
236 Pages

Edition Type
New edition

Dimensions(cm)
23.4 x 15.6 x 2.54

Hardcover

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Simulation Modelling has been used for many years in the manufacturing sector but has now become a mainstream tool in business situations. This is partly because of the popularity of Business Process Reengineering (BPR) and other process based improvement methods that use simulation to help analyse changes in process design. This text book includes case studies in both manufacturing and service situations to demonstrate the usefulness of the approach. A further reason for the increasing popularity of the technique is the development of business orientated and user-friendly windows-based software. This text provides a guide to the use of ARENA, SIMUL8 and WITNESS simulation software systems which are widely used in industry and available to students. Overall this text provides a practical guide to building and implementing the results from a simulation model. All the steps in a typical simulation study are covered including data collection, input data modelling and experimentation.

Industry Reviews

'This book is ideal for students with an interest in the role of simulation in management decision-making. The strengths of the book include its description of each stage in the project process, the application of specific simulation software, interpretation of the output provided and the wide range of appended case studies that cover a number of useful simulation applications.' Andrew Robson, Northumbria University, UK

'This is the definitive guide to practical Business Process Simulation. The book very lucidly portrays a realistic picture of how a simulation project can be initiated, managed and implemented. The book makes its novel contribution in that it is the first of its kind to deal with the place of simulation within the organisation and the complex relationship between the two. Throughout the book the author provides well thought out and useful exercises for the learner and readers in general.' Dr Tillal Eldabi, Lecturer, Brunel University, London.

'This book aims to provide a practical guide to building a simulation model. All the steps in a typical simulation study are covered including data collection, input data modelling and experimentation...Simulation Modelling for Business is a comprehensive textbook ideal for the use on undergraduate and postgraduate courses.' European Foundation for Management Development (EFMD)

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Preface	p. viii
Acknowledgements	p. ix
Biography	p. x
Introduction to Simulation Modelling	p. 1
Introduction	p. 2
What is Simulation Modelling?	p. 2
Defining Simulation	p. 3
Why Use Simulation?	p. 4
Disadvantages of the Simulation Method	p. 5
Simulation and Variability	p. 6
Where is Simulation Used?	p. 8
History of Simulation	p. 10
A Classification of Model Types	p. 11
Summary	p. 19
Exercises	p. 20
Introducing Simulation in the Organisation	p. 21
Introduction	p. 22
Steps in Introducing Simulation	p. 22
Summary	p. 32
Exercises	p. 32
Formulating a Simulation Project Proposal	p. 33
Introduction	p. 34
Linking Operational Change to Strategic Objectives	p. 34
Determining the Level of Usage of the Simulation Model	p. 37
Managing the Simulation Project	p. 39
The Simulation Project Proposal	p. 43
Summary	p. 46
Exercises	p. 47
Data Collection and Process Mapping	p. 49
Introduction	p. 50
Data Collection	p. 50
Process Mapping	p. 52
Summary	p. 56
Exercises	p. 56
Modelling Input Data	p. 59
Introduction	p. 60
Less than 20 Data Points: Estimation	p. 60
20+ Data Points: Deriving a Theoretical Distribution	p. 61
200+ Data Points: Constructing an Empirical Distribution	p. 80
Historical Data Points	p. 83
Nonstationary Arrival Processes	p. 83
Summary	p. 84
Exercises	p. 86
Building the Model	p. 89
Introduction	p. 90
The Single Queue Bank Clerk Simulation	p. 90
Building the Model using ARENA	p. 91
Building the Model using SIMUL8	p. 99
Building the Model using WITNESS	p. 107
The Dual Queue Bank Clerk Simulation	p. 118
Building the Model using ARENA	p. 119
Building the Model using SIMUL8	p. 123
Building the Model using WITNESS	p. 126
Summary	p. 129
Exercises	p. 129
Validation and Verification	p. 131
Introduction	p. 132
Verification	p. 132
Validation	p. 138
Summary	p. 141
Exercises	p. 141
Experimentation and Analysis	p. 143
Introduction	p. 144
Statistical Analysis for Terminating Systems	p. 145
Single Model Statistical Analysis	p. 145
Establishing a Confidence Interval	p. 145
Establishing Confidence Intervals at a Given Half-Width	p. 158
Comparing Alternatives	p. 162
Paired t-test	p. 164
Paired t-test using Common Random Numbers	p. 169
One-Way ANOVA	p. 171
Factorial Designs	p. 177
Statistical Analysis for Non-Terminating Systems	p. 179
Summary	p. 187
Exercises	p. 187
Implementation	p. 189
Introduction	p. 190
Project Report	p. 190
Project Presentation	p. 190
Project Implementation Plan	p. 191
Organisational Context of Implementation	p. 191
Summary	p. 193
Exercises	p. 194
Case Studies	p. 195
Introduction	p. 196
A Petrol Station	p. 197
A Coffee Shop	p. 198
A Supermarket	p. 199
A Garage	p. 200
A Night Club	p. 201
A Hospital Ward	p. 202
A Factory Simulation	p. 206
A Supermarket Simulation	p. 215
Bibliography	p. 221
Index	p. 225
Table of Contents provided by Rittenhouse. All Rights Reserved.

Simulation Modelling for Business

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

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