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How Much Data Do I Need?

I have discussed data issues in several previous articles. People are often confused about how much data they really need. In particular, I frequently hear the refrain “Simulation requires so much data, but I don’t...

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Can Simulations Model Chaos?

Can chaotic systems be predicted? I guess we first need to agree on exactly what a chaotic system is. BusinessDictionary.com defines it as a “Complex system that shows sensitivity to initial conditions, such as an...

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Data Collection Basics Part 2

Last week in Data Collection Basics (Part 1) I discussed data collection, introducing the topics of identifying required data and then locating or creating that data. Once you have some data, you typically need to...

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Data Collection Basics

Even though the people responsible for building models are often the “data collection people,” I know very few associates who think this is a particularly enjoyable part of their job. But data collection is a...

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Keep Simulation Projects Simple Too

We all have stories about company decisions that make us shake our head. If you have ever worked for a large organization, it may have seemed that some of their decisions were, shall we say,...

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We Are Not Making Swiss Watches

Please bear with me while I mention three apparently unrelated topics. I have a very good friend Harry who often offers me advice. Fortunately for me, the fact that I don’t want the advice has...

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