Simulation-supported Decision Making
March 27, 2007
10:00am PT/ 1:00pm ET
Event Type:Webinar Location: Online,USA Date: March 27, 2007
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(Note: This broadcast is part of the NAFEMS vendor series that
allows various solutions providers the opportunity to deliver
technical information to the NAFEMS community. NAFEMS does not
endorse any vendor, but tries to provide an unbiased view of the
marketplace.)
The majority of engineering knowledge is learned from experience in
testing and operations. However, learning from prototype testing
and operational accidents/problems is both costly, time consuming,
and risky. In the past, this has been an accepted cost of adopting
new technologies, as it has been the only way we learn about what
we do not know. The unanticipated and often non-intuitive results
of new technologies are often realized in operations, and sometimes
only after decades. This uncertainty is the result of combinations
of factors or characteristics, all of which have natural ranges of
variability. This variability and uncertainty has historically been
taken into account through the use of safety factors, based on
experience. This has led the engineering community to investigate
various techniques to determine a realistic understanding of how
the design will operate within the planned working environment. One
of these techniques is commonly referred to as 'Stochastics', or
more recently, 'Simulation-supported Decision Making'
(SSDM).
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Agenda
Welcome & Introduction
- Matthew Ladzinski, NAFEMS North American Representative
Simulation-supported Decision Making
- Gene Allen, MSC Software Corporation
Q & A Session
Closing
- Matthew Ladzinski, NAFEMS North American Representative
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