Simulation Versus Model
A computer model refers to the algorithms and equations used to capture the behavior of the system being modeled. However, a computer simulation refers to the actual running of the program which contains these equations or algorithms. Simulation, therefore, refers to an instance where you ran a model. In other words, you wouldn't "build a simulation" you would "build a model", but you could either "run a model" or "run a simulation". Model and simulation are often used interchangeably and the difference between them is trivial.
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Famous quotes containing the words simulation and/or model:
“Life, as the most ancient of all metaphors insists, is a journey; and the travel book, in its deceptive simulation of the journey’s fits and starts, rehearses life’s own fragmentation. More even than the novel, it embraces the contingency of things.”
—Jonathan Raban (b. 1942)
“Socrates, who was a perfect model in all great qualities, ... hit on a body and face so ugly and so incongruous with the beauty of his soul, he who was so madly in love with beauty.”
—Michel de Montaigne (1533–1592)