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dc.contributor.authorLucas, Thomas W.
dc.contributor.authorKelton, W. David
dc.contributor.authorSánchez, Paul J.
dc.contributor.authorSanchez, Susan M.
dc.contributor.authorAnderson, Ben L.
dc.date2015
dc.date.accessioned2018-04-16T18:24:29Z
dc.date.available2018-04-16T18:24:29Z
dc.date.issued2015
dc.identifier.citationLucas, T.W., Kelton, W.D., Sanchez, P.J., Sanchez, S.M. and Anderson, B.L., 2015. Changing the paradigm: Simulation, now a method of first resort. Naval Research Logistics (NRL), 62(4), pp.293-303.
dc.identifier.urihttp://hdl.handle.net/10945/57859
dc.descriptionThe article of record as published may be found at http://dx.doi.org/10.1002/nav.21628
dc.description.abstractDecades ago, simulation was famously characterized as a “method of last resort,” to which analysts should turn only“when all else fails.” In those intervening decades, the technologies supporting simulation—computing hardware, simulation-modeling paradigms, simulation software, design-and-analysis methods—have all advanced dramatically. We offer an updated view that simulation is now a very appealing option for modeling and analysis. When applied properly, simulation can provide fully as much insight, with as much precision as desired, as can exact analytical methods that are based on more restrictive assumptions.The fundamental advantage of simulation is that it can tolerate far less restrictive modeling assumptions, leading to an underlying model that is more reflective of reality and thus more valid, leading to better decisions.en_US
dc.format.extent11 p.
dc.publisherWiley
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleChanging the Paradigm: Simulation, Now a Method of First Resorten_US
dc.typeArticle
dc.contributor.departmentOperations Research (OR)en_US
dc.subject.authordesign of experiments
dc.subject.authorhistory of computing
dc.subject.authorsimulation
dc.subject.authorlast resort
dc.subject.authoranalytical models
dc.subject.authorsimulation-modeling paradigms
dc.subject.authorsimulation software
dc.subject.authorsimulation analysis
dc.subject.authorfuture of simulation


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