Brailsford, S.C.; Harper, P.R.; Sykes, J. - In: European Journal of Operational Research 219 (2012) 3, pp. 491-507
Simulation modelling is widely used in many industries in order to assess and evaluate alternative options and to test … strategies or operating rules which are too complex to be modelled analytically. Simulation software has developed its capability … sophisticated and complex simulation model may not truly reflect what happens in the real world, because such models do not account …