A STUDY ON THE USE OF SIMULATION TECHNIQUES IN THE PROCESS OF ELABORATION AND EXECUTION OF OPERATIONAL AND STRATEGIC PLANNING

Abstract

This research wants to demonstrate how simulation is related to the elaboration of both the strategic planning and the operational planning, and how it can be used to improve manager´s analytical and decision making abilities. Supported by a bibliographic research and using a deductive method, we tried to verify the usage of this tool in association with decision trees. The study´s scope ranges from trend analysis in the establishment of strategies to their quantification in operational planning, allowing an optimal usage of resources. On reflection, we concluded that the simulation technique can give us good results in terms of economy of values and corrective action anticipation, as it predicts possible future results. We verify that the usage of decision tree diagrams gives us a simple and objective view in relation to the way that the simulation can be used in the strategic and operational planning. Besides, through the analysis of alternatives with different final results, these tools lead to the optimization in the use of company´s resources.