WHICH IS MORE APPROPRIATE: A MULTI-PERSPECTIVE COMPARISION BETWEEN SYSTEM DYNAMICS AND DISCRETE EVENT SIMULATION

System Dynamics (SD) and Discrete Event Simulation (DES) are two established simulation tech-niques for simulating the dynamics of a system. Both have been widely used in modelling business de-cisions. This paper presents meta-comparison between the two approaches based on literature survey. Upon reviewing the existing literature it has been identified that existing comparisons could be classi-fied under three main perspectives: Systems perspective, Problems perspective and Methodology per-spective. The nature of system and nature of problem have been argued as primary factors for decid-ing modelling methodology. Therefore SD and DES comparisons have been classified on the basis of systems, problems and inherent aspects and capabilities of both modelling methods. It has been ar-gued that development of sound models need fit between system, problem and methodology. The suc-cess of model depends on it’s technical soundness as well as it’s successful implementation. In order to develop successful models this vision has been further extended to incorporate stakeholders, re-sources and time