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Introduction to Modeling

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Presentation on theme: "Introduction to Modeling"— Presentation transcript:

1 Introduction to Modeling
Chapter 1 Introduction to Modeling

2 Introduction Mathematical model Descriptive Model Optimization model
Quantitative representation of a real problem Descriptive Model What-if analysis Optimization model Determine the best solution

3 §1.4 Seven-Step Modeling Process
1: Problem Definition 2: Data Collection 3: Model Development –analytical or simulation model 4: Model Verification 5: Optimization and Decision Making 6: Model Communication to Management 7: Model Implementation


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