construction by replacement a new approach to simulation.pdf

CONSTRUCTION BY REPLACEMENT: A NEW APPROACH TO SIMULATION MODELING Authors: • James H Hines (MIT Sloan School of Management) • Thomas W. Malone (MIT Sloan School of Management) • George Herman (MIT Sloan School of Management) • John Quimby(MIT Sloan School of Management) • Mary Murphy Hoye • James Rice • Paulo Goncalves • James Patten • Hiroshi ishii Sloan School of Management Massachusetts Institute of Technology MIT Sloan School of Management Working Paper No. MIT Center for Coordination Science Working Paper No. 225 Copyright © 2005 James H Hines , Thomas W. Malone , George Herman, John Quimby, Mary Murphy Hoye, James Rice, Paulo Goncalves, James Patten, and Hiroshi Ishii 2 Abstract: Simulation modeling can be valuable in many areas of management science, but is often costly, time-consuming and difficult to do. This paper describes a new approach to simulation that promises to be much cheaper, faster and easier to use in many situations. In this approach, users start with a very simple generic model and then progressively replace parts of the model with more specialized “molecules” from a systematically organized library of pred