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Determining the ROI for simulation, panel: increasing return on investment from simulation (panel)
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Source Winter Simulation Conference archive
Proceedings of the 35th conference on Winter simulation: driving innovation table of contents
New Orleans, Louisiana
SESSION: Future of simulation table of contents
Pages: 2027 - 2032  
Year of Publication: 2003
ISBN:0-7803-8132-7
Authors
Randall Gibson  Automation Associates Inc., Solana Beach, CA
D. J. Medeiros  Penn State University, University Park, PA
Andrew Sudar  Rockwell Automation, Sewickley, PA
Bill Waite  The AEgis Technologies Group, Inc., Huntsville, AL
Matthew W. Rohrer  Brooks Automation, Salt Lake City, UT
Sponsors
INFORMS/CS : Institute for Operations Research and the Management Sciences/College on Simulation
NIST : National Institute of Standards and Technology
IEEE/SMCS : Institute of Electrical and Electronics Engineers/Systems, Man, and Cybernetics Society
ACM: Association for Computing Machinery
(SCS) : The Society for Modeling and Simulation International
SIGSIM: ACM Special Interest Group on Simulation and Modeling
IIE : Institute of Industrial Engineers
IEEE/CS : Institute of Electrical and Electronics Engineers/Computer Society
ASA : American Statistical Association
Publisher
Winter Simulation Conference 
Bibliometrics
Downloads (6 Weeks): 1,   Downloads (12 Months): 13,   Citation Count: 1
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ABSTRACT

Growth in the use of simulation technology has been less than expected. Today there are still many applications that could benefit from simulation, but that do not use it. As companies decide whether to use simulation, they need to consider the investment and all possible benefits.

In this panel, four simulation professionals from academia and industry answer two questions about Return on Investment (ROI) and simulation.


REFERENCES

Note: OCR errors may be found in this Reference List extracted from the full text article. ACM has opted to expose the complete List rather than only correct and linked references.

 
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Carter, J. 2001. A Business Case for Modeling and Simulation. In Proceedings of the 2001 Summer Simulation Conference, ed. W. Waite and J. Celano, 587--594. Simulation Councils Inc.
 
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Gordon, S. 2000. Determining the Value of Simulation. In Proceedings of the 2000 Summer Simulation Conference, ed. W. Waite, 969--973. Simulation Councils Inc.
 
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Olden, H., d. Curry, T. Thomas, and C. Combs. 1999. Uses and Benefits for the Validated Stinger Hardware-in-the-Loop Simulation. In Proceedings of the 1999 Summer Simulation Conference, ed. M. Obaidat, A. Nisanci, B. Sadoun, 555--559. Simulation Councils Inc.
 
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Wagner, J. and J. Keane. 1997. Strategy to Verify Chassis Controller Software - Dynamics, Hardware, and Automation. IEEE Transactions on Systems, Man, and Cybernetics Part A: Systems and Humans, v. 27 n 4 p480--493.
 
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Worley, D., H. Simpson, F. Moses, M. Aylward, M. Bailey, and d. Fish. 1996. Utility of Modeling and Simulation in the Department of Defense: Initial Data Collection. IDA Paper D-1825, Institute for Defense Analysis, available online via <msiac.dmso.mil/ia/generaldocs.asp> {accessed June 30, 2003}.

Collaborative Colleagues:
Randall Gibson: colleagues
D. J. Medeiros: colleagues
Andrew Sudar: colleagues
Bill Waite: colleagues
Matthew W. Rohrer: colleagues