425 Simulation & Analysis of Business Systems

Information Systems & Operations Management

Approved course information last updated: 2 years ago

Pre-requisites: ISOM 210 ISOM 220

Requisite To: None

Lab Session:

Course Description

This course is designed to teach students the processes, tools, and techniques for performing effective operations and supply chain simulation analyses. In particular, the course starts with a brief review of probability and statistics, queuing theory, discrete event simulation, and statistical aspects of simulation. also, the course focuses on the basic underlying principles of how simulations work, how to collect and analyze input data, how to build basic simulation models using specific simulation software, how to verify and validate simulation models, and how to interpret (and perform statistical analyses of) simulation output.

Course Learning Objectives (CLOs)
  • Students who successfully complete this course are expected to be able to:
  • Explain the importance of the use of simulation in the analysis of business systems.
  • Identify the different types of simulation.
  • Use spreadsheet static simulation to analyze related business problems.
  • Use a discrete event simulation software.
Syllabus History
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