The first time you hear about simulations they sound like magic from a fairy tale: a technology that shows you alternative futures and allows you to pick the one you like best before that future ...

We have all made decisions, whether in our personal or professional lives, based on imperfect information. How can we manage that risk and improve business outcomes? One answer is a statistical method ...

One challenge faced by all control systems integrators (CSIs) is the prospect of testing their software before deployment. CSIs often work remotely, without having the actual equipment to manipulate, ...

The oil and gas production explosion is driving the renaissance of the chemical and process industries in North America. With low-cost natural gas comes low-cost feedstock for many chemical compounds, ...

Advancements in Simulation for Space Exploration NASA’s Modeling and Simulation History NASA has a long history of ...

It’s nice to think that “aha” moments come out of nowhere — that the next big thing is the result of unbridled genius (or plain dumb luck). But in reality, effective, sustainable product development ...

In the ever-evolving landscape of modern business, the pressure to innovate is relentless. Organizations are constantly pushed to develop state-of-the-art products, services, and business models that ...

The importance of refining healthcare processes has never been more pronounced. In the Physician MBA Program at the Kelley School of Business Indianapolis, I learned process improvement—among other ...