Question

Explain merits and demerits of simulation.

Answer 1

Advantages and Disadvantages

Main advantages of simulation include:

1. Study the behavior of a system without building it.

2. Results are accurate in general, compared to analytical model.

3. Help to find un-expected phenomenon, behavior of the system.

4. Easy to perform ``What-If'' analysis.

Main disadvantages of simulation include:

1. Expensive to build a simulation model.

2. Expensive to conduct simulation.

3. Sometimes it is difficult to interpret the simulation results.