Simulation Versus Model
A computer model refers to the algorithms and equations used to capture the behavior of the system being modeled. However, a computer simulation refers to the actual running of the program which contains these equations or algorithms. Simulation, therefore, refers to an instance where you ran a model. In other words, you wouldn't "build a simulation" you would "build a model", but you could either "run a model" or "run a simulation". Model and simulation are often used interchangeably and the difference between them is trivial.
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Famous quotes containing the words simulation and/or model:
“Life, as the most ancient of all metaphors insists, is a journey; and the travel book, in its deceptive simulation of the journeys fits and starts, rehearses lifes own fragmentation. More even than the novel, it embraces the contingency of things.”
—Jonathan Raban (b. 1942)
“... if we look around us in social life and note down who are the faithful wives, the most patient and careful mothers, the most exemplary housekeepers, the model sisters, the wisest philanthropists, and the women of the most social influence, we will have to admit that most frequently they are women of cultivated minds, without which even warm hearts and good intentions are but partial influences.”
—Mrs. H. O. Ward (18241899)