Simulation of Business Processes , photo: Gerd Altmann
This course covers the modeling and analysis of business systems using computer simulation. The objective of the course is to introduce students to simulation as a modeling tool with emphasis on understanding the structure of a simulation model and implementing it by means of commercially available software (EXTEND). The course also covers the statistical design and analysis of simulation models. These topics include random number generation, input data analysis, statistical analysis of simulation outputs, variance reduction techniques, and design of simulation experiments. A series of laboratory sessions provide students with hands-on experience of designing and implementing simulation models.
At the end of this course the student should be able to:
At the end of the course the student will have further developed the following skills/competences:
Lectures (2 hours per week) and Laboratory work (2 hours per week)
Activity |
Semester workload |
Lectures (2 contact hours per week x 13 weeks) |
26 |
Laboratories (2 contact hours per week x 13 weeks) – designing and implementing simulation models |
26 |
Group assignment related to simulating a realistic system and writing a relevant report |
50 |
Hours for private study of the student and preparation of home-works |
48 |
Total number of hours for the Course (25 hours of work-load per ECTS credit) |
150 hours (total student work-load) |
The group project is compulsory.