Article ID: | iaor201529846 |
Volume: | 23 |
Issue: | 1 |
Start Page Number: | 18 |
End Page Number: | 42 |
Publication Date: | Nov 2016 |
Journal: | International Journal of Services and Operations Management |
Authors: | Kapoor Rohit, Shah Bhavin J |
Keywords: | simulation: applications |
In this paper, an attempt is made to understand verification and validation methodology in the contexts which are driven by discrete‐event simulations. Specifically, a problem context of closed‐loop repairable parts inventory system of three echelons is considered. Proposed model is based on real‐life situation faced by a large public sector transportation company dealing with repairable parts like tyres. In the simulation related literature, a general mechanism is given to perform verification and validation. However, there is a visible lack of specific context‐based verification and validation guidelines in a complex simulation scenario. This paper explores the difficulties and nuisances to achieve a well‐designed verification and validation method. The paper focuses on the specific industry and through illustrative example shows how verification and validation is achieved in a real‐life problem context.