Sandia National Laboratories along with the University of New Mexico will co-sponsor a conference on the present state of modeling and simulation and its future role in providing decision support tools.

The conference will explore the history of the application of modeling and simulation to a wide range of problems. It will utilize a case study methodology that will be applied to governmental, business, medical, academic, and scientific applications, where it will document modeling and simulations successes, difficulties, and failures.

The conference planners believe it is time to examine the possibilities and methods of the economics of complex systems behavior. The implied recognition is that complex systems somehow manage the allocation of its resources. In a living being this may involve the use of calories; in business it may be budgets and profits; in government it may be resource allocation tied to a budgetary process, rather than the rate of return based on budget allocation that is common in business.

The conference will explore what has evolved, in terms of varied applications, through a broad, representative spectrum of academic disciplines and sectors of the economy. A discussion of the topic “Can any simulation of complex feedback be made a substantially more complete representation of real processes if the resource allocation process is incorporated into the model/simulation?” will also be explored.

Sandia National Laboratories

University of New Mexico
Anderson School of Management