Has anyone ever used simulation tools to solve operational problems? Which tool and what use case?

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Loops and vectorization 😉

Simulation goes hand in hand with showing potential outcomes and evaluating risk. That's a whole ocean of more specific use cases, from simple What If analysis in Excel to heavy duty Bayesian statistics. And those lend themselves to applications in literally any field.

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I used:
- simmer in r for estimating wait times at ski resorts
- @risk + solver for financial modeling/lightweight ops problems in grad school
- Monte Carlo for estimating my retirement funds
- some other discrete event simulation in grad school (Arena I think) for optimizing shipments and inventory.

Generally I view simulation and optimization as super fun but I’m no expert.

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Platypus, a genetic optimization package for Python. Used it for multi objective optimization of force architecture to inform budgetary decisions.

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I saw Google's or-tools have a page but haven't delved into these yet.

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I was just flipping through the OR tools page. They made the cvrp problems super simple. Very cool.

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Used excel tool for simulations to solve Op Researxh problems

Used Monte Carlo simulation as well to come up with modeling priors

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