Simulation, Scenario Simulation

Simulation refers to a method in which real or hypothetical situations are modeled using computer-based tools for analysis and forecasting. Scenario simulation is the process of testing various alternative courses of events and their impacts.

Simulations are used in many fields, including engineering, logistics, aviation, and education. Scenario simulations in industrial design, for instance, are a common application of the Digital Twin concept. In construction projects, scenario simulations help predict risks and optimize resource allocation before actual implementation.

See also: ReCap, IoT