“…Simulation is "the process of designing model of real system and execution of experiments together with it in order to understand system's behaviour or evolution of different strategies (within determined boundaries or within defined criteria)" (Shannon, 1995). Moreover, it can be defined that business simulation represents activities which describe real states from the outside worlds (Prensky, 2001), but in protected and controlled environment, in order to become familiar with particular business process and final results (Dusak, 1992;Milovanovic et al, 2016). Furthermore, well established simulations are a powerful tool (Finkelsten et al, 2005) for different users for preparing quantitative analysis (Shannon, 1975;Milovanovic et al, 2013;Kaurin et al, 2011), but also one of the most efficient way of learning highly sophisticated skills, such as: analysis, synthesis and creating new knowledge (Leger et al, 2011).…”