It is important to remember that every simulation model is based on assumptions and approximations of the real world. Every analyst has his or her own modeling techniques. The techniques presented here have been developed and used by many engineers and analysts over the decades. It is important for everyone using simulation tools to use good engineering judgment when using these or any other techniques or assumptions. This page will be updated and expanded periodically as time permits.
An index of terms used in this section can be found here.