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Simulation-supported Decision Making

March 27, 2007

10:00am PT/ 1:00pm ET

Event Type:Webinar
Location: Online,USA
Date: March 27, 2007


(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).   

View this webinar (audio/video) - (Member's Only )

View this webinar (PDF)                            


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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