A simplified physiologically-based dynamic model, SIMRIW was selected for predicting the growth and yield of rice. The applicability of the model to the rice cultivars and weather conditions in the Republic of Korea was evaluated. Parameters of the model were calibrated using actual rice yields in Suweon region and an optimization scheme, Constrained Rosenbrock Algorithm. The simulated results from the calibrated model were in good agreement with the field data. The model with parameters calibrated for Suweon was applied to other five regions for the evaluation of transferability, but the simulated results fell short of satisfaction. However, the model is found to be applied to real-time prediction of the growth and yield of rice crop, which is believed to be useful for timely rice crop management, agricultural policy making, and optimal irrigation water management.