Agent-based modelling and simulation (ABMS) constitutes a powerful computational paradigm for exploring the dynamics of complex systems through the interactions of discrete, autonomous agents. Each ...

For decades, process simulation and optimization (PSO) software has been built on a foundation of first-principles engineering—rigorous physics, thermodynamics, and mass and energy balances. These ...

Predictive analytics allows data professionals to identify trends, forecast outcomes and test assumptions using data. When these capabilities are applied to simulation modeling, they make models more ...