Networked Music Performances (NMPs) enable remote musicians to perform together by means of low-latency audio/video streaming over a telecommunication network. Latency and reliability are two key parameters for the end-to-end transmission of audio information through networks in this context. The stringent requirements of NMPs with respect to those parameters pose a major challenge for 5G networks, which are expected to deliver significant Key Performance Indicator (KPI) improvements with respect to 4G. The objective of this thesis is to develop a Python-based simulator to define the placement of virtual machines operating as audio mixing servers within a set of candidate network nodes, while complying to the latency requirements of NMPs.