Discrete-Event Simulation (DES) is one of the most widely used techniques in modeling dynamic systems, especially those that involve a…
Category: Modeling and simulation techniques
Whether we are simulating traffic patterns, optimizing supply chains, or forecasting financial markets, models help us make informed decisions by creating a virtual representation of real-world systems.
The Basics of Modeling: What Is It and How Does It Work?
In today’s data-driven world, modeling plays a pivotal role across industries, from engineering and economics to healthcare and climate science.…