Wednesday
May122010

Simulation Optimization

A basic simulation model is an evaluative tool - it can help you evaluate what will likely happen under a given scenario. It is not an optimization tool. That means that it will not tell you how you should change your input variables to create a particular desired result. There are many technical reasons why this is so, many of which are discussed in a detailed article we wrote a while back about simulation optimization. For now, let's just say that in order to turn a simulator into an optimizer, the modeler must develop a optimization component in addition to the simulation model. Whether or not it makes sense to add an optimzer to your simulation project depends upon a variety of factors. We can help you decide whether it makes sense for your project, and can help you implement one if it makes sense in your case.