An experimental campaign was recently completed at the U.S. Naval Research Laboratory's Mercury pulsed-power facility, where the feasibility of using a 5 MV inductive voltage adder (IVA) as a pulsed photoneutron source was studied. In these experiments, a large-area bremsstrahlung diode was fielded on the Mercury accelerator, producing an intense, pulsed x-ray beam, which generated photoneutrons when striking an appropriate target. This paper reports on simulations that were performed to study the production of the electron beam in the diode, and the generation and transport of the x-ray beam. Comparison is made between the numerically predicted beam properties and results obtained during the experimental campaign. Various models of electron and ion emission from the electrodes in the generator were simulated, and the effect of model parameter choices on the dose predictions is described.