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B.S. in Actuarial Science

Otterbein University Course Catalogs

2010-2011 Graduate Catalog 
    Aug 14, 2020  
2010-2011 Graduate Catalog [Archived Catalog]

BADM 661 - Computer Simulation of Business and Manufacturing Processes

Hours: 4
This course covers advanced simulation of business, manufacturing, and service processes. Topics include input/output analysis, simulation concepts and practice, and development of simulation programs using Arena simulation software. This course requires the creation of a team that would create computer simulation to model business and manufacturing processes, model the statistical distributions that accurately represent the model inputs, analyze the simulation model output to assess its significance, animate the business/manufacturing simulation to visually show workflow and explain simulation concepts to their working peers. Typical simulation examples are manufacturing, restaurant operations, and banking. Prerequisites Elementary Statistics (MATH 230)