Answer:
The answer is agent based modelling ABM.
Explanation:
It is a powerful simulation modeling technique that has a lot of applications and helps to solve real world business problems. The ABM can be used in four areas of application:
1. flow simulation
2. organizational simulation
3. market simulation
4. diffusion simulation
In a simple level it consists of a system of agents and the relationship between them, and in a more complex ABM, it incorporates neural networks, evolutionary algorithms, and other learning techniques.
Answer: The correct answer is : agent-based modeling
Explanation: An agent-based model is a type of computational model that is used to simulate both the actions and interactions of autonomous agents, such as: groups, organizations or entities to assess the effects on the system. It combines several aspects such as emergencies, game theory and complex systems among others.
