DocumentCode
402133
Title
Maximizing simulation ROI with AutoMod
Author
Rohrer, Matthew W.
Author_Institution
Brooks Autom., Salt Lake City, UT, USA
Volume
1
fYear
2003
fDate
7-10 Dec. 2003
Firstpage
201
Abstract
Simulation modeling and analysis requires an investment in human resources and software. And the rewards from using simulation are significant. Many companies fine tune their operations and reduce waste using simulation. But in the end, every time modeling and analysis are performed, a decision has to be made whether the simulation is "worth doing" (Waite 1999). In this paper we will enumerate how AutoMod has been used to improve return on investment (ROI) from simulation.
Keywords
digital simulation; economics; investment; software packages; AutoMod; human resources; operation fine tuning; return on investment; simulation ROI maximization; simulation analysis; simulation modeling; software; Analytical models; Automation; Cities and towns; Equations; Humans; Interconnected systems; Investments; Object oriented modeling; Productivity; Software tools;
fLanguage
English
Publisher
ieee
Conference_Titel
Simulation Conference, 2003. Proceedings of the 2003 Winter
Print_ISBN
0-7803-8131-9
Type
conf
DOI
10.1109/WSC.2003.1261425
Filename
1261425
Link To Document