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The book contains: Inventory Concept: The technique of Simulation, Major application areas, concept of a System, Environment, Continuous and discrete systems, systems modeling types of models progress of a Simulation Study, Monte Carlo Method, Comparison of Simulation and Analytical Methods. Numerical Computation Technique for discrete and continuous models, Continuous System Simulation. Probability Concepts in Simulation: Stochastic variables, Discrete and Continuous Probability Functions, Numerical evaluation of continuous probability functions, continuous uniformly distributed random numbers, Random Number Generators - Linear congruential Generator, Mid Square Method, Multiplicative Congruential generator, rejection Method, Testing of random Numbers, Generation of Stochastic variates, Arrival Patterns Service times.