A Demonstration of Promodel

Abstract

Advances to the state-of-the-art in simulation software have made stochastic modeling more accessible to business school students and faculty. Students are learning to build computer simulation models at an earlier point in their academic program, often in courses that included only manual simulation exercises or spreadsheet problems in the past. Even more promising from a teaching perspective is the capability that advanced simulation software gives faculty to quickly create example models that reinforce the concepts to be covered in class. These models can range from simply illustrative to highly interactive.