SIMULATION

Simulation means initiation. By initiating the real system a model is constructed and it is taken into investigation and experiments. The behavior of the model, influences results etc can be studied and analyzed.

Situation is a set of procedures, there is a process developed and the model of the real system is taken into the process. In other word a bit of procedure for conducting the experiment with a mathematical method or logical model thereby a behavior of operating system can be studied.

There are situation where mathematics become impossible and statistical becomes impractical, in those situation simulation is helpful

Simulation using random numbers and probabilities is called Monte Carlo simulation

Working rules:

1. Identify from the problem the information against which the probabilities are supplied.
2. Construct a table (preliminary table) indicating the given information & their probability
3. Calculate the cumulative probability & fix the interval for the the random numbers
4. Construct another table (simulation table) and indicate the given random nos.
5. Take the first random no.and find out the interval in which the random no. lies. Record the information given against the interval in the simulation table.