extra items

Question 1

8. What are main differences between discrete-event simulation and Monte Carlo?

Answer 1

Monte carlo simulation is about generating random numbers and processes them to predict another variable without focusing necessarily on the accumulated queues and the impact of time. On the other hand, the focus of discrete event simulation is to study the accumulated queues as time goes. A discrete event simulation may include Monte Carlo runs as we can run random numbers in DES, but not necessarily.