Prerequisite: (None)
The purpose of the course is to have students understand the general principles of Business simulation model design and concepts of computer simulation. The course introduces students to simulation types, mathematical model types and simulation software and languages. The course covers in details simulation of discrete system (Discrete Event Simulation and simulation by different equations) and simulation of continuous system using differential equations with practical examples in management, banking, manufacturing and computer networks. Arena software is intended to be used throughout the course.