1. Advantages of Simulation
It can avoid danger and loss of life.
Conditions can be varied and outcomes investigated.
Critical situations can be investigated without risk.
It is cost effective.
Can speed things up or slow them down to see changes over long or short periods of time.
Simulations can be slowed down to study behaviour more closely.
Real life complications can made easy.
“Time compression” is possible.
Able to test a product or system works before building it.
Can use it to find unexpected problems.
Able to explore ‘what if…’ questions.
Results are accurate in general, compared to analytical model.
It helps us to identify bottlenecks in material, information and product flows.
It helps us to gain insight into which variables are most important to system performance.
2. Disadvantages Of simulation
Expensive to build a simulation model.
Expensive to conduct simulation.
Sometimes it is difficult to interpret the simulation results.
To simulate something, a thorough understanding is needed and an awareness of all the factors
involved. Without this, a simulation cannot be created.
Mistakes may be made in the programming or rules of the simulation or model.
Time may be needed to make sense of the results.
People’s reactions to the model or simulation might not be realistic or reliable.
The quality of the analysis depends on the quality of the model and the skills of the modeller, who
requires specialised training.
It is time consuming.
Not all situations can be evaluated using simulation. Only situations involving uncertainty are
candidates, and without a random component, all simulated experiments would produce the same
answer.
Not 100% accurate.
3. Areas Of Application
Manufacturing applications
Construction engineering and project management
Military application
Transportation modes and traffic
Learning environment
Business process simulation
Health care
Network simulation