Mixed continuous/discrete time modelling with exact time adjustments

Many systems interact with their physical environment. Design of such systems need a modelling and simulation tool which can deal with both the continuous and discrete aspects. However, most current tools are not adequately able to do so, as they implement both continuous and discrete time signals as consisting of separate values at a single global simulation clock. The consequence is that simulation, of a time delay for example, either yields inaccurate results or becomes inefficient.