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The paper discusses verification, validation, and accreditation of simulation models. The different approaches to deciding model validity are presented; how model verification and validation relate to the model development process are discussed; various validation techniques are defined; conceptual model validity, model verification, operational validity, and data validity are described; ways to document results are given; a recommended procedure is presented; and accreditation is briefly discussed.
Robert G. Sargent (Mon,) studied this question.