Development of a Simulation Model for a Trading Company in AnyLogic Using Monte Carlo Method

Student: Bolshakov Egor

Supervisor: Andranik Sumbatovich Akopov

Educational Programme: Business Informatics (Bachelor)

Final Grade: 8

Year of Graduation: 2017

The purpose of this research is to create a comprehensive simulation model of a trading company’s business processes using a modelling software tool called AnyLogic. This model will give an opportunity to see and understand how the enterprise works, analyse its effectiveness and find the ways to optimize its business performance with the help of Monte Carlo method. The paper covers all the stages of model development: project framework overview, selection of a research approach, modelling business processes, simulation of the model, results analysis and interpretation. The results of this assessment will be of great benefit to the directors of the company and all the individuals responsible for its management and decisions. They will help to get a clear, complete and realistic picture of the company’s activity, reveal risky and ineffective business practices and determine the best alternative solutions in order to improve the organization’s management and lead it to success.

Full text (added May 20, 2017)

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