Business Trend Analysis by Simulation

Provided by: Eindhoven University of Technology
Topic: Big Data
Format: PDF
Business processes are constantly affected by the environment in which they execute. The environment can change due to seasonal and financial trends. For organizations it is crucial to understand their processes and to be able to estimate the effects of these trends on the processes. Business process simulation is a way to investigate the performance of a business process and to analyze the process response to injected trends. However, existing simulation approaches assume a steady state situation.

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