b Lab 4 Stress Scenarios
Course Content
0 / 59 completedIntroduction Why We Need Simulation Modeling
Mini-Lab Solution Pick Distributions and Validate
Master template walkthrough, part 1
Master template walkthrough, part 2
Reading a worked example (MC loan portfolio)
Generating code from a spec — live demo
Validating AI-generated code (three layers)
Lab Solution - Running Generated Simulation
Why specs beat code
The universal model anatomy
What is a distribution
Continuous distributions — Uniform, Normal, Lognormal
Outcome distributions — Bernoulli, Beta
Event-time distributions — Exponential, Poisson
Expert-estimate distributions — Triangular
Mini-lab - Pick Distributions and Validate
What Monte Carlo is, and what it isn't
Lab - Monte Carlo Base Model
Lab Results - Monte Carlo Base Model
Interlude — How many replications are enough
Lab - Correlated Defaults
Lab - Policy Levers
Lab - Stress Scenarios
Lab - Communicating Results
Monte Carlo Takeaways
What Discrete Event is, and what it isn't
a Introduction to Baseline M M c Queue Model
b Lab 1 Base Clinic Model
Interlude — Warm-up periods and steady state
a Introduction to Realistic Arrival and Service Times
b Lab 2 Realistic Arrival and Service Times
c Lab 2 Sidebar Fitting a Distribution and Calculating Sigma
a Introduction to Resource Policy Levers
b Lab 3 Resource Policy Levers
a Introduction to Stress Scenarios
b Lab 4 Stress Scenarios
a Introduction Communicating Results
b Lab Communicating Results
Discrete Event Simulation Takeaways
What System Dynamics is, and what it isn't
Stocks, Flows, Feedback and Delays The Bullwhip Effect
a Introduction to Production Capacity Demo
b Production Capacity Demo
Mini-Lab Turn the Dials
b Mini-Lab Turn the Dials Solution
When to Use System Dynamics
System Dynamics Takeaways
What Agent-Based Modeling is, and what it isn't
Demo Retail product diffusion with inventory limits
Mini-Lab Diffusion Model
b Mini-Lab Diffusion Model Solution
Mini-Lab Heterogeneous Diffusion Model
When Agent-Based Modeling is the right tool
Agent Based Model Takeaways
Choosing the paradigm — capstone setup
The three capstone domains
How the capstone will be graded — rubric walkthrough
Course wrap — what we learned
Taking it home — local Python setup