Management tool: Using spreadsheets for simulation models

Management tool: Using spreadsheets for simulation models

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Article ID: iaor19912153
Country: United States
Volume: 31
Start Page Number: 8
End Page Number: 17
Publication Date: Dec 1990
Journal: Production and Inventory Management Journal
Authors: ,
Keywords: spreadsheets
Abstract:

Most managers do not have the technical skills to develop simulation models using traditional tools, but they can use electronic spreadsheets and are thus able to construct simulation models in this medium fairly simply. Several spreadsheet and modeling techniques are provided, including using an assumptions box, using specific spreadsheet functions, controlling recalculation, and making use of different simulation models. Two examples are included.

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