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Modeling and Simulation 7th Sem IT

Lecture Notes ofModeling and Simulation7th Sem ITBCS-408 Modeling & Simulation (3-1-0) I (10 Lectures)Inventory Concept: The technique of Simulation .: 1 classMajor application areas, concept of a System.: 1 classEnvironment.: 1 classContinuous and discrete systems.: 1 classSystems Modeling , types of models.: 1 classProgress of a Simulation Study.: 1 classMonte Carlo Method.: 1 classComparison of Simulation and Analytical Methods.: 1 classNumerical Computation Technique for discrete and continuous models.

matters, static simulation models are appropriate for them Monte Carlo Simulation (named after a famous casino town1 in Europe) refers to the type of simulation in which a static, approximate, and stochastic model is used for a deterministic system. Let us now look at an example of Monte Carlo simulation. Consider estimating the value of π by

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