MANAGEMENT TRAINING SIMULATION METHOD AND SYSTEM

A management training simulation system and method are disclosed. A method in accordance with one aspect of the invention is implemented on a computer and develops the decision-making skills of a user in a defined, simulated situation which includes one or more firms controlled by participants in the simulation which cause particular object designs to be injected into the simulation. Each object design is defined through an attribute-characteristic representation. A multipeaked value function is used to process the designs throughout the simulation instead of a distance-value function as in conventional simulations. The participant is selectively provided with information about at least some of the objects in the simulation, preferably at a cost, as well as a valuation of those objects and is also apprized of the current state of his or her firm. The participant digests this information and creates revised object designs which are sent to the simulation and processed using the multipeaked value function. Information concerning the objects in the simulation from all firms is updated in view of the newly submitted object designs, and these steps are repeated until the simulation ends. A network preferably interconnects plural simulation participants to a central computer which runs the simulation.