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Cover of Introduction to Simulation and Risk Analysis

Introduction to Simulation and Risk Analysis

(Hardback)

James R. Evans, David L. Olson ,

Pearson Education (US) (Publisher)

Published
1998
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For upper-level undergraduate and beginning graduate courses in simulation or simulations modeling found in Management/Decision Science.

Unlike most software packages for simulation -- which are generally oriented toward engineering applications, are often intimidating to use, and are not suitable for applications of risk analysis -- this text provides an introduction to the concepts, methodologies, and applications of simulation in business, specifically. Easy-to-use and apply, it uses spreadsheets as the principal means to illustrate simulation models and computational issues -- providing students with a solid foundation for learning to use the more advanced commercially available simulation software. The value of simulation is demonstrated through the use of real applications throughout.

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