Application of statistical and simulation techniques

Assignment Help Other Subject

Reference no: EM133277147 , Length: word count:3000

Statistics and Simulation Modelling

Learning Outcome 1: Demonstrate a conceptual and critical understanding of simulation, simulation models and simulation validation and verification

Learning Outcome 2: Critically understand the application of statistical and simulation techniques to the analysis of consumer and business problems

Learning Outcome 3: Analyse data using appropriate simulation modelling techniques

Learning Outcome 4: Communicate statistical data appropriately in a relevant format to provide meaningful information

Learning Outcome 5: Utilise a range of software and datasets to develop and operationalise an appropriate methodology for the investigation of a problem in the field of statistics and simulation modelling.

Question 1

Using a review of academic literature, explain why manufacturing and service organisations should consider using simulation modelling in their business operations.

Question 2
Using Arena, develop a simulation model of a supply chain of your choice. The structure of supply chain must incorporate suppliers (minimum 1), manufacturers (minimum 1), distribution centres (minimum 2), retailers (minimum 2), and one return point on remanufacture should be clearly stated.

Develop the model further by incorporating three performance measures of your choice to the manufacturing plant as well as to the distribution centre site.

Describe the process used to develop the model and how the performance measures are incorporated. Discuss the results obtained when using multiple replications. Submit the simulation model file.

Question 3
Based on the results obtained in Question 2, further develop/modify the simulation model to improve the performance. Discuss the approach used to develop this part and compare the results with that of in Question 2. Provide critical insights on your model developed in Question 3.

Reference no: EM133277147

Questions Cloud

About homicide offences and weapons : What conclusions can be drawn about homicide offences and weapons-related offences in Canada? Canada's homicide rate was its lowest since 1967.

What brian wansink ask his visiting graduate student to do : Reading - "The Grad Student Who Never Said No" By Brian Wansink - What did Brian Wansink ask his visiting graduate student to do? Why

Bernard owns an oil painting and smaller pencil sketch : Bernard owns an oil painting and a smaller pencil sketch, which are both thought to be by Daniel, an artist who has recently died,

What factors made jodee susceptible to peer victimization : Following the advice of her well-meaning parents, she tried to ignore her tormentors. What factors made Jodee susceptible to peer victimization

Application of statistical and simulation techniques : BMD0002 Statistics and Simulation Modelling, University of Huddersfield - Demonstrate a conceptual and critical understanding of simulation, simulation models

Mechanism is available to them for purposes of amending : What mechanism is available to them for purposes of amending the existing will?

How age appropriate is it : How age appropriate is it (ex: Several types of reporting measures, including self and other. DSM-5TR comparable PTSD symptomology)

Key activities of world customs organization : Select one of the Key Activities of the World Customs Organization (WCO) and establish connections with at least two programme or tools developed by the WCO

What is the reported efficacy of your particular treatment : What is the reported efficacy of your particular treatment and how this relates to the difficulty of diagnosis and the importance of appropriate assessments

User Account

All Pages