Simulation help. For each of the systems described below, under what circumstanc

Question

Simulation help.

For each of the systems described below, under what circumstances would it be appropriate to use a terminating simulation versus a steady-state simulation to analyze this system? (a) A walk-in medical clinic simulated to determine staffing levels. (b) A portfolio of stocks, bonds, and derivative securities simulated to estimate long-run return. (c) A fuel injector assembly plant that runs two shifts per day simulated to estimate throughput. (d) The United States air traffic control system simulated to evaluate safety.

Explanation / Answer

Terminating simulation runs for short duration whereas Steady-state simulation runs for long duration.

By this defiinition:

a)walk-in medical clinic -terminating simualtion(when the staffing levels are determined the simulation is stopped)

b)portfolio of stocks - steady state(for long run)

c) fuel injector assembly - terminating simulation (as the shifts get over in some time, twice a day)

d) US air traffic control - steady state (its an ongoing process for long duration)

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