Why is validation important in simulation?

Validation is crucial in simulation because it ensures that the model accurately represents the real-world process it is intended to simulate. This involves comparing the outputs of the simulation model with actual real-world data or established benchmarks to confirm that the model behaves as expected under various conditions. Without validation, there is a risk that the model could provide misleading results, leading to poor decision-making based on inaccurate information.

The importance of this validation process cannot be overstated; it builds confidence in the simulation results and assures stakeholders that the findings are reliable and can be used to inform strategies effectively. This is a fundamental aspect of modeling as it directly affects the credibility and usefulness of the simulation outcomes in practical applications.