The business world as we know it is changing. Never have there been so many emerging technologies, models, and business concepts competing for the attention of the business community. Today, we have cloud computing services,...
Read MoreThe pursuit of a smart interconnected world is being made possible by the integration of simulation and Digital Twin concepts in traditional business processes. Discrete Event Simulation (DES) is one such concept that falls into...
Read MoreA Disruptive technology is a product, concept or service that has the ability to redefine the traditional way of doing things. Today, the digital twin concept is being hailed as a disruptive technology with the...
Read MoreSimulation 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...
Read MoreAt 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...
Read MoreI 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...
Read MorePeople 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...
Read MoreHuman 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...
Read MoreEveryone wants to cut costs. No one wants to spend unnecessarily. When budgets are tight, software and software projects are an easy place to cut. Staff positions like Industrial Engineers are sometimes easier to cut...
Read MoreBy Jeff Joines ([email protected]) Associate Professor in Textile Engineering This is the final installment of the three part series on Six Sigma, Lean Sigma, and Simulation. The first part explained the Six Sigma methodologies and...
Read MoreGuest 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....
Read MoreCan 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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