Elaborate on the generic steps for developing simulation models.

Janssen, Wimmer, and Deljoo (2015) shows the generic steps for developing simulation models (Fig. 6.1). Some of the generic steps in the process can be skipped or combined depending on the policy being modeled. However, the appropriate experience is needed by the designer to determine which steps can and should be manipulated.

Elaborate on the generic steps for developing simulation models.