How do you validate the results of an operations research simulation?
Operations research simulations are powerful tools that help you analyze complex systems and make informed decisions. To ensure the credibility of your results, it's crucial to validate your simulation model. This involves a series of steps to check the accuracy and reliability of the model's output against real-world data or theoretical expectations. By carefully validating your simulation, you can increase the confidence stakeholders have in the decisions derived from your analysis, paving the way for more effective and efficient operations.