Simulating Discrete Events

Most of the elements in GoldSim (e.g., Reservoirs, Expressions, Time Series elements) were designed primarily to be used to represent continuous variables and processes. In many systems, however, processes occur that are discrete as opposed to continuous. These discrete occurrences are referred to within GoldSim as events. GoldSim provides powerful capabilities for superimposing the occurrence and effects of discrete events onto continuously varying systems.

This allows for the realistic simulation of things such as financial transactions, accidents, system failures, storms, labor strikes, and lawsuits. Events such as these have important effects on the performance of many systems, and it is therefore important to represent them in a realistic manner.

This section describes the GoldSim elements that you can use to simulate the occurrence and consequences of discrete events.

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