In the discrete event approach, we distinguish between a
“time bucket driven approach” and an “even driven
approach”. This differentiation is based on the time
advance procedure which characterized these two
approaches. With the time bucket driven approach
(sometimes called “spreadsheet simulation”
(Jack, 2008.):
–time is divided in periods of a given length (time
buckets)
–time is incremented step by step within a given time
bucket.