Application of Simulation to Facility Planning Utilizing an Organization’s Forecasted Growth Strategy
by Ninfa M. Saunders, MSN, MBA, PhD
Abstract
This study proposes simulation as a tool for transforming forecasted data into information that leaders can use to make strategic decisions. This study focuses on a health system’s strategic decision to meet future demand by either expanding an existing hospital or developing a new 700,000-square-foot, $500M-plus facility.
