Question

1) What are the types of Model? Write it's Types and explain them briefly.
2) What are the types of Simulation? Write it's Types and explain them briefly.
3) Imagine you are trying to bring a new product to the market. What process you will apply to bring the product to the market? Explain with an example.

Answer 1

Answer:

answer 2

4 Types of Simulation Models to Leverage in Your Business

•4 Types of Simulation Models to Leverage in Your Business. May. ...

•Monte Carlo / Risk Analysis Simulation. ...

•Agent-Based Modeling & Simulation. ...

•Discrete Event Simulation. ...

•System Dynamics Simulation Solutions.