S Brailsford
Discrete-event simulation and system dynamics for management decision making
Brailsford, S; Churilov, L; Dangerfield, BC
Authors
L Churilov
BC Dangerfield
Abstract
The genesis of operational research (OR) in the Second World War was largely characterised by deterministic techniques with a nod to risk evaluations such as in establishing the optimum balance of merchant ships and naval protection vessels in Atlantic convoy sizes. But it was part of the promulgation of OR techniques in large nationalised industries in the late 1940s and early 1950s that simulation came to the fore. This was particularly evident in the British steel industry. The emerging power of digital computers helped enormously and, under the guidance of luminaries such as Keith Tocher, discrete-event simulation (DES) (and the three-phase system) emerged from what had previously been Monte Carlo simulation.
Citation
Brailsford, S., Churilov, L., & Dangerfield, B. (2014). Discrete-event simulation and system dynamics for management decision making. ACS Publications. https://doi.org/10.1002/9781118762745.ch01
| Book Type | Authored Book |
|---|---|
| Publication Date | Jan 1, 2014 |
| Deposit Date | Oct 21, 2016 |
| Pages | 2522-2531 |
| Book Title | Discrete-Event Simulation and System Dynamics for Management Decision Making |
| ISBN | 9781118762745 |
| DOI | https://doi.org/10.1002/9781118762745.ch01 |
| Publisher URL | http://dx.doi.org/10.1002/9781118762745.ch01 |