Teaching to seasoned managers in MBE classes is challenging. While it’s important to bring new thoughts and ideas and not sound repetitive, it is necessary to provide a theoretical basis for experienced people with diverse backgrounds.
Simulation Metamodeling - building and using surrogate models that can approximate results from more complicated simulation models - is an interesting approach to analyze results from complicated, computationally expensive simulation models.
This is part 1 of a series of posts in which I will explore the utility of using metamodels to make sense of (and possibly optimizing) simulation models.
If you used simulation modeling on a real project, you might be familiar with this fictional story: