Every company constantly deals with the challenge of making strategic and operational decisions in an environment that is changing, information that is limited, and knowledge that quickly becomes outdated. In order to make sound and resilient decisions, managers typically rely on their intuition, experience or simple mental models (rules of thumb) to arrive at a conclusion.
In situations where large amounts of data are involved and there are multiple dependent factors, it is very difficult to arrive at an optimum conclusion that properly addresses all open risks. This is where computer modeling, coupled with 3D visual simulations can help select the best option and gain buy-in from senior management and stockholders.
Simulation starts where Statistics ends...Management Consultant, Big Four Consulting Firm
I had a great experience learning Simio and Simulation in general. Having been away from Simulation for quite a while, I was bit concerned about this course, but workshop settings, teaching style and custom examples made that concern disappear. In fact, ... I felt so invigorated that I wanted to get back to building a model as soon as I get back to my office.Industrial Engineer, Chemical Producer
...we have been able to achieve a higher level of engineered process…(it helps) reduces flexibility in certain areas but improves performance...extremely helpful in decision making...Project Manager, Material Handling, Vehicle Manufacturer