Simulation modelling

Question 1

Uses for simulation modelling

Answer 1

Weather forecasting
Car crash analysis
Flight simulator
Financial forecasting

Question 2

Advantages of simulations

Answer 2

Cheaper
Safer
It can save time
It is possible to experience lots more situations

Question 3

Disadvantages of simulations

Answer 3

The difference between simulations and reality
The accuracy of the rules and variables
Some situations are hard to model

Question 4

Modelling

Answer 4

It means making calculations which may be used to mimic a real life situation

Question 5

Benefits of using spreadsheet software

Answer 5

Automatic re-calculations
Easy to produce graphs and charts
Easy to import data from other sources
Can perform ‘what ifs’ to model different situations

Question 6

Weather forecasting

Answer 6

data is collected
Send to an office
It is processed
Predicts what the weather will be like

-Less accurate the further you look into the future