question archive What are the advantages and limitations of simulation models?  

What are the advantages and limitations of simulation models?  

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What are the advantages and limitations of simulation models?

 

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Advantages

  • It lessens the risk of possible harm brought about to life.
  • Conditions are easily modified for a particular observation
  • Simulations can be done at a pace faster than what it would usually take for physical models
  • Consequently, simulations can be slowed down for a more in-depth analysis of a particular behavior.

Disadvantages

  • Could potentially be expensive as more complicated computer models are needed
  • Necessary assumptions should be made about an observation
  • The accuracy of the simulations depends greatly on the knowledge of all factors involved.

 

 

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Step-by-step explanation

Simulation modeling is computer based method which utilizes algorithms and equations.

Some of its advantages and disadvantages are listed as follows:

Advantages

  • It lessens the risk of possible harm brought about to life.
  • Conditions are easily modified for a particular observation
  • Simulations can be done at a pace faster than what it would usually take for physical models
  • Consequently, simulations can be slowed down for a more in-depth analysis of a particular behavior.

Disadvantages

  • Could potentially be expensive as more complicated computer models are needed
  • Necessary assumptions should be made about an observation
  • The accuracy of the simulations depends greatly on the knowledge of all factors involved.