NDLI: Creating simulation runtimes for profit

Content Provider	IEEE Xplore Digital Library
Author	King, C.B.
Copyright Year	1995
Description	Author affiliation: F&H Simulations, Inc., Orem, UT, USA (King, C.B.)
Abstract	The creation of runtimes in the simulation industry is fast becoming a profitable venture for many business consultants. The majority of small companies lack the expertise and the resources to build their own simulation model. Under these circumstances, it is in the company's best interest to hire an outside consultant. The consultant develops a runtime custom made to meet the needs of the client. Now the client has a powerful tool that they can use as part of their ongoing decision making. The consultant who completes a simulation project, shows the results, gives a few suggestions, and then leaves; deprives the client of the real benefits of simulation; that is, dynamic decision making. On the other hand, the consultant who, in addition to providing the usual consulting services, develops a simulation runtime for the client to use as future decisions have to be made, greatly enhances the overall consulting service. As the effort required to generate simulation runtimes decreases, more consultants will start using them in their practice, and more people will begin using simulation in their business. With proper training, and a well built simulation runtime, everyone from plant managers to accountants can take advantage of simulation for what it is-a decision making tool.
Starting Page	405
Ending Page	407
File Size	229740
Page Count	3
File Format	PDF
ISBN	0780330188
DOI	10.1109/WSC.1995.478765
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	1995-12-03
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Runtime Decision making Testing Management training Job shop scheduling Companies Software tools Application software Standards development Ovens
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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