Applications: Tactical and Strategic Scale Views

Walter R. Paczkowski
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Walter R. Paczkowski: Data Analytics Corp.

Chapter Chapter 13 in Predictive and Simulation Analytics, 2023, pp 339-353 from Springer

Abstract: Abstract This chapter continues the examples of the melding of predictive and simulation analytics with a focus on a tactical and strategic scale view. The creation of predictions is the same as for the operational scale view, but the data and the nature of the model change as you might expect. The simulations, however, could potentially be different. Different how? Operational scale view simulations are predominantly stochastic. Both the tactical and strategic scale view simulations could be stochastic or non-stochastic. If the latter, then they are in the class of system dynamics (SD) simulations with what-if scenarios. It all depends on the problem.

Date: 2023
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DOI: 10.1007/978-3-031-31887-0_13

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