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Types of Simulations

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Types of Simulations
Chapter 1: Types of Simulation
Contents
Introduction ................................................................................................................................ 2 The Basic Simulation Process................................................................................................... 2 Figure 1.01: Basic Simulation Process............................................................................ 2 Figure 1.02: Decision Cycle............................................................................................ 2 Figure 1.03: Simulating several periods or stages .......................................................... 3 Types of Simulation ................................................................................................................... 3 Figure 1.04: Simulation Types ........................................................................................ 3 Total Enterprise Simulations ..................................................................................................... 3 Cartoon 1.01: Elements of a Total Enterprise Simulation ................................................ 3 Strategy Simulations ............................................................................................................. 4 Appreciation/Acumen Simulations ......................................................................................... 4 Tactical Simulations .............................................................................................................. 5 Totality Simulations ............................................................................................................... 5 Functional Simulations.............................................................................................................. 5 Cartoon 1.02: The Functional Liquidity Problem.............................................................. 6 Concepts Simulations

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