Simulation for Digital Transformation

This course is part of Data Analytics for Digital Transformation Specialization

Instructors: Reed H. Harder +1 more

Skills you'll gain

  •   Simulation and Simulation Software
  •   Decision Making
  •   Statistical Methods
  •   Digital Transformation
  •   Process Optimization
  •   Python Programming
  •   Verification And Validation
  •   Predictive Analytics
  •   Data-Driven Decision-Making
  •   Probability & Statistics
  •   Complex Problem Solving
  •   Business Transformation
  •   Systems Thinking
  •   Advanced Analytics
  •   Operations Research
  •   Risk Management
  • There are 7 modules in this course

    What you'll learn: 1. Master Discrete Event Simulation: Develop and implement event-driven simulation models in Python using tools like SimPy to analyze and optimize real-world systems. 2. Generate Random Variables: Apply techniques like the inversion and rejection methods to simulate uncertainty and model complex scenarios effectively. 3. Design Trustworthy Simulations: Learn how to validate, verify, and refine simulation models to ensure accurate and actionable decision-making results. 4. Optimize Complex Systems: Use simulation to efficiently improve workflows, allocate resources, and evaluate multi-objective solutions in diverse industries. 5. Bridge Predictive and Prescriptive Analytics: Leverage simulation as a tool to predict outcomes and recommend optimal strategies in dynamic environments.

    Handling Uncertainty

    Discrete Event Simulation

    Simulating Random Variables with Desired Distributions

    Real-world Applications of Discrete Event Simulation

    Putting It All Together

    Practicum

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