Chapter 2. Simulation Overview in Business Terms

The Process of Benchmarking the Competition

[Note]Note

Introduce the concept of thinking about simulation in business terms. The two broad concepts are:

  • Business-to-business Supply Contracts. A supplier and a consumer firm have reach an agreement to do business. This creates and a shipping opportunity. The heart of the simulation is efficiently providing the shipping networks to fulfil the contracts

  • Individual Travel. Individual wakeup each morning and decide where they would like to go - a specific destination. This can be a short commute with a city or long travel across the world. This creates and opportunity to build passenger transportation networks that will take people where they want to go.

[Note]Note

Economic Activity generates more Economic Activity. As more people travel a city will grow. As a city increase in size new factories are opened. This drives up jobs and stimulates city growth.

KESL/stLab1/ChapBusiness (last edited 2008-11-25 17:07:45 by steve)