Effective Engineering in today’s world requires intelligent useof all potential engineering tools. One of the most significanttools is modeling, whether it is hand models or complex computermodels. Hand models are simplified models which contain theprominent elements of system or circuit behavior. Computer modelspermit the inclusion of second and third order details to moreaccurately reflect real world behavior. When using any model,however, it is critical that the model be valid, accurate,applicable, and useful. For this assignment, you will analyze theeffective of a system model. You may select an example from work,from a company or experience you had in the past, or invent anopportunity that should exist.
1)Â Â Â Explain the theory: Select a company,and/or company product which rely on modeling to develop, debug, orimprove the product.
a) What is the primary product(s) of the company? What product,or process, etc. was modeled?
b) Briefly describe the application, and the modeling tool.
2)Â Â Â Discuss the effectiveness of the modelingtool by considering the strengths, weaknesses, opportunities orthreats of using the modeling tool
a) What benefits are there? Give 3 specific benefits to thecompany of the modeling.
b) What risks are there? Give three specific examples ofinformation or reactions not adequately or accurately reflected inthe model. What risk do these generate for the company?
