Teaching Simulation with Spreadsheets

  title={Teaching Simulation with Spreadsheets},
  author={Jelena Pecherska and Yuri Merkuryev},
This paper focuses on a spreadsheet-based approach to teaching simulation. The objective is to introduce spreadsheets as a powerful simulation tool for educational purposes. The spreadsheet simulation facilitates the familiarisation with basic simulation concepts apart from simulation software. The paper deals with basic types of simulation models suitable for spreadsheets. The static stochastic or Monte Carlo simulation models are introduced through a sample model for lead-time demand… CONTINUE READING