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See into the Future using Digital Twin

Simulation through digital twin allows you to identify problems before they occur, to plan for the future and even develop new opportunities. Early examples of digital twin were created in NASA's ground stations where they...

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Why Daily Plans Fail

At 6:00 Monday morning I create a plan for my day starting at 7:00. That doesn't seem to be such a difficult task. Why is it that by 7:30 my plan already shows signs of...

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How Much Data Do I Need?

I have discussed data issues in several previous articles. People are often confused about how much data they really need. In particular, I frequently hear the refrain “Simulation requires so much data, but I don’t...

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General Simulation Project Approach

People often wonder when the best time is to incorporate simulation into a project. The answer, without a doubt, is at the earliest possible moment -- when an idea for a significant system change or...

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Human Judgment Beats Simulation

Human Judgment, also known as Seat Of The Pants Analysis (SOTPA), is probably the least acknowledged but most widely used alternative to simulation. SOTPA is making decisions by instinct and feelings rather than using objective...

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Simulation and Strategic Management

Guest article from Marco Ribeiro Corporations everywhere today face the huge challenge of surviving and growing in an extremely competitive environment. Markets are shaped and reshaped due to constant innovation, customer demands and fierce competition....

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Can Simulations Model Chaos?

Can chaotic systems be predicted? I guess we first need to agree on exactly what a chaotic system is. BusinessDictionary.com defines it as a “Complex system that shows sensitivity to initial conditions, such as an...

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