MOSIMTEC > Discrete Event
Event Graph
9
Nov
When to use an Event Graph
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An Event Graph is a graphical representation of a discrete system for which a static simulation algorithm can work on. It is an intermediary step between system specification and simulation implementation. An Event…

predictive modeling
6
Sep
8 Notable Predictive Modeling Examples (2021)
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(Source: DepositPhotos) Predictive modeling employs statistical models to forecast potential outcomes. For businesses, these outcomes could center on understanding when their machines will fail or when consumers will spend the most money. There...
discrete-event simulation
31
May
4 Definitive Discrete Event Simulation Examples
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(Source: Simio via AssemblyMag) In general, a business process would play out through multiple, different events in sequence. As an example, let’s think about a logistics chain involving a truck: it arrives at…

digital twin
6
Oct
Digital Twin: A Digital Replica of Your Business
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Businesses looking to stay ahead of the curve are constantly searching for new strategies that will put them ahead of their competitors. One such strategy is the “Digital Twin,” which Gartner identified as...