Publication: The Hype about Simulation and Optimization

Some business analysts suggest that simulation and optimization are a major benefit of BPM and can be easily carried out by business operatives. Rashid Khan believes this is wishful thinking but devoid of reality. He argues that successful simulation depends entirely on the quality of the assumptions a business analyst makes about a large number of parameters. To make the correct assumptions requires a deep understanding of the process as well as a serious understanding of math and statistics. Where do you stand on this issue?<br/>