Handbook Of Simulation Optimization

Author : Michael C Fu
Publisher : Springer
Page : 400 pages
File Size : 40,7 Mb
Release : 2014-11-13
Category : Business & Economics
ISBN : 9781493913848

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Handbook of Simulation Optimization by Michael C Fu Pdf

The Handbook of Simulation Optimization presents an overview of the state of the art of simulation optimization, providing a survey of the most well-established approaches for optimizing stochastic simulation models and a sampling of recent research advances in theory and methodology. Leading contributors cover such topics as discrete optimization via simulation, ranking and selection, efficient simulation budget allocation, random search methods, response surface methodology, stochastic gradient estimation, stochastic approximation, sample average approximation, stochastic constraints, variance reduction techniques, model-based stochastic search methods and Markov decision processes. This single volume should serve as a reference for those already in the field and as a means for those new to the field for understanding and applying the main approaches. The intended audience includes researchers, practitioners and graduate students in the business/engineering fields of operations research, management science, operations management and stochastic control, as well as in economics/finance and computer science.

Author : Jerry Banks
Publisher : John Wiley & Sons
Page : 869 pages
File Size : 52,8 Mb
Release : 1998-09-14
Category : Technology & Engineering
ISBN : 9780471134039

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Handbook of Simulation by Jerry Banks Pdf

The only complete guide to all aspects and uses of simulation-from the international leaders in the field There has never been a single definitive source of key information on all facets of discrete-event simulation and its applications to major industries. The Handbook of Simulation brings together the contributions of leading academics, practitioners, and software developers to offer authoritative coverage of the principles, techniques, and uses of discrete-event simulation. Comprehensive in scope and thorough in approach, the Handbook is the one reference on discrete-event simulation that every industrial engineer, management scientist, computer scientist, operations manager, or operations researcher involved in problem-solving should own, with an in-depth examination of: * Simulation methodology, from experimental design to data analysis and more * Recent advances, such as object-oriented simulation, on-line simulation, and parallel and distributed simulation * Applications across a full range of manufacturing and service industries * Guidelines for successful simulations and sound simulation project management * Simulation software and simulation industry vendors

Author : Paolo Brandimarte
Publisher : John Wiley & Sons
Page : 688 pages
File Size : 55,7 Mb
Release : 2014-06-17
Category : Business & Economics
ISBN : 9781118593646

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Handbook in Monte Carlo Simulation by Paolo Brandimarte Pdf

An accessible treatment of Monte Carlo methods, techniques, and applications in the field of finance and economics Providing readers with an in-depth and comprehensive guide, the Handbook in Monte Carlo Simulation: Applications in Financial Engineering, Risk Management, and Economics presents a timely account of the applicationsof Monte Carlo methods in financial engineering and economics. Written by an international leading expert in thefield, the handbook illustrates the challenges confronting present-day financial practitioners and provides various applicationsof Monte Carlo techniques to answer these issues. The book is organized into five parts: introduction andmotivation; input analysis, modeling, and estimation; random variate and sample path generation; output analysisand variance reduction; and applications ranging from option pricing and risk management to optimization. The Handbook in Monte Carlo Simulation features: An introductory section for basic material on stochastic modeling and estimation aimed at readers who may need a summary or review of the essentials Carefully crafted examples in order to spot potential pitfalls and drawbacks of each approach An accessible treatment of advanced topics such as low-discrepancy sequences, stochastic optimization, dynamic programming, risk measures, and Markov chain Monte Carlo methods Numerous pieces of R code used to illustrate fundamental ideas in concrete terms and encourage experimentation The Handbook in Monte Carlo Simulation: Applications in Financial Engineering, Risk Management, and Economics is a complete reference for practitioners in the fields of finance, business, applied statistics, econometrics, and engineering, as well as a supplement for MBA and graduate-level courses on Monte Carlo methods and simulation.

Author : Shane G. Henderson,Barry L. Nelson
Publisher : Elsevier
Page : 692 pages
File Size : 46,8 Mb
Release : 2006-09-02
Category : Business & Economics
ISBN : 0080464769

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Handbooks in Operations Research and Management Science: Simulation by Shane G. Henderson,Barry L. Nelson Pdf

This Handbook is a collection of chapters on key issues in the design and analysis of computer simulation experiments on models of stochastic systems. The chapters are tightly focused and written by experts in each area. For the purpose of this volume “simulation refers to the analysis of stochastic processes through the generation of sample paths (realization) of the processes. Attention focuses on design and analysis issues and the goal of this volume is to survey the concepts, principles, tools and techniques that underlie the theory and practice of stochastic simulation design and analysis. Emphasis is placed on the ideas and methods that are likely to remain an intrinsic part of the foundation of the field for the foreseeable future. The chapters provide up-to-date references for both the simulation researcher and the advanced simulation user, but they do not constitute an introductory level ‘how to’ guide. Computer scientists, financial analysts, industrial engineers, management scientists, operations researchers and many other professionals use stochastic simulation to design, understand and improve communications, financial, manufacturing, logistics, and service systems. A theme that runs throughout these diverse applications is the need to evaluate system performance in the face of uncertainty, including uncertainty in user load, interest rates, demand for product, availability of goods, cost of transportation and equipment failures. * Tightly focused chapters written by experts * Surveys concepts, principles, tools, and techniques that underlie the theory and practice of stochastic simulation design and analysis * Provides an up-to-date reference for both simulation researchers and advanced simulation users

Author : Gautam M. Appa,Leonidas Pitsoulis,H. Paul Williams
Publisher : Springer Science & Business Media
Page : 443 pages
File Size : 55,9 Mb
Release : 2006-08-18
Category : Mathematics
ISBN : 9780387329420

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Handbook on Modelling for Discrete Optimization by Gautam M. Appa,Leonidas Pitsoulis,H. Paul Williams Pdf

This book aims to demonstrate and detail the pervasive nature of Discrete Optimization. The handbook couples the difficult, critical-thinking aspects of mathematical modeling with the hot area of discrete optimization. It is done with an academic treatment outlining the state-of-the-art for researchers across the domains of the Computer Science, Math Programming, Applied Mathematics, Engineering, and Operations Research. The book utilizes the tools of mathematical modeling, optimization, and integer programming to solve a broad range of modern problems.

Author : Das, Raja,Pradhan, Mohan
Publisher : IGI Global
Page : 530 pages
File Size : 51,5 Mb
Release : 2017-03-10
Category : Business & Economics
ISBN : 9781522524410

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Handbook of Research on Manufacturing Process Modeling and Optimization Strategies by Das, Raja,Pradhan, Mohan Pdf

Recent improvements in business process strategies have allowed more opportunities to attain greater developmental performances. This has led to higher success in day-to-day production and overall competitive advantage. The Handbook of Research on Manufacturing Process Modeling and Optimization Strategies is a pivotal reference source for the latest research on the various manufacturing methodologies and highlights the best optimization approaches to achieve boosted process performance. Featuring extensive coverage on relevant areas such as genetic algorithms, fuzzy set theory, and soft computing techniques, this publication is an ideal resource for researchers, practitioners, academicians, designers, manufacturing engineers, and institutions involved in design and manufacturing projects.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 51,7 Mb
Release : 2012
Category : Simulation methods
ISBN : 178163114X

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Handbook of Operations Research and Management Information Science by Anonim Pdf

Author : Chun-hung Chen,Loo Hay Lee
Publisher : World Scientific
Page : 246 pages
File Size : 52,5 Mb
Release : 2011
Category : Computers
ISBN : 9789814282642

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Stochastic Simulation Optimization by Chun-hung Chen,Loo Hay Lee Pdf

With the advance of new computing technology, simulation is becoming very popular for designing large, complex and stochastic engineering systems, since closed-form analytical solutions generally do not exist for such problems. However, the added flexibility of simulation often creates models that are computationally intractable. Moreover, to obtain a sound statistical estimate at a specified level of confidence, a large number of simulation runs (or replications) is usually required for each design alternative. If the number of design alternatives is large, the total simulation cost can be very expensive. Stochastic Simulation Optimization addresses the pertinent efficiency issue via smart allocation of computing resource in the simulation experiments for optimization, and aims to provide academic researchers and industrial practitioners with a comprehensive coverage of OCBA approach for stochastic simulation optimization. Starting with an intuitive explanation of computing budget allocation and a discussion of its impact on optimization performance, a series of OCBA approaches developed for various problems are then presented, from the selection of the best design to optimization with multiple objectives. Finally, this book discusses the potential extension of OCBA notion to different applications such as data envelopment analysis, experiments of design and rare-event simulation.

Author : Dirk P. Kroese,Thomas Taimre,Zdravko I. Botev
Publisher : John Wiley & Sons
Page : 627 pages
File Size : 41,7 Mb
Release : 2013-06-06
Category : Mathematics
ISBN : 9781118014950

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Handbook of Monte Carlo Methods by Dirk P. Kroese,Thomas Taimre,Zdravko I. Botev Pdf

A comprehensive overview of Monte Carlo simulation that explores the latest topics, techniques, and real-world applications More and more of today’s numerical problems found in engineering and finance are solved through Monte Carlo methods. The heightened popularity of these methods and their continuing development makes it important for researchers to have a comprehensive understanding of the Monte Carlo approach. Handbook of Monte Carlo Methods provides the theory, algorithms, and applications that helps provide a thorough understanding of the emerging dynamics of this rapidly-growing field. The authors begin with a discussion of fundamentals such as how to generate random numbers on a computer. Subsequent chapters discuss key Monte Carlo topics and methods, including: Random variable and stochastic process generation Markov chain Monte Carlo, featuring key algorithms such as the Metropolis-Hastings method, the Gibbs sampler, and hit-and-run Discrete-event simulation Techniques for the statistical analysis of simulation data including the delta method, steady-state estimation, and kernel density estimation Variance reduction, including importance sampling, latin hypercube sampling, and conditional Monte Carlo Estimation of derivatives and sensitivity analysis Advanced topics including cross-entropy, rare events, kernel density estimation, quasi Monte Carlo, particle systems, and randomized optimization The presented theoretical concepts are illustrated with worked examples that use MATLAB®, a related Web site houses the MATLAB® code, allowing readers to work hands-on with the material and also features the author's own lecture notes on Monte Carlo methods. Detailed appendices provide background material on probability theory, stochastic processes, and mathematical statistics as well as the key optimization concepts and techniques that are relevant to Monte Carlo simulation. Handbook of Monte Carlo Methods is an excellent reference for applied statisticians and practitioners working in the fields of engineering and finance who use or would like to learn how to use Monte Carlo in their research. It is also a suitable supplement for courses on Monte Carlo methods and computational statistics at the upper-undergraduate and graduate levels.

Author : Richard C. Peralta
Publisher : CRC Press
Page : 532 pages
File Size : 40,8 Mb
Release : 2012-04-26
Category : Technology & Engineering
ISBN : 9781439838075

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Groundwater Optimization Handbook by Richard C. Peralta Pdf

Existing and impending water shortages argue for improving water quantity and quality management. Groundwater Optimization Handbook: Flow, Contaminant Transport, and Conjunctive Management helps you formulate and solve groundwater optimization problems to ensure sustainable supplies of adequate quality and quantity. It shows you how to more effecti

Author : Miguel Mujica Mota,Idalia Flores De La Mota
Publisher : Springer
Page : 282 pages
File Size : 46,5 Mb
Release : 2017-05-18
Category : Computers
ISBN : 9783319558103

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Applied Simulation and Optimization 2 by Miguel Mujica Mota,Idalia Flores De La Mota Pdf

Building on the author’s earlier Applied Simulation and Optimization, this book presents novel methods for solving problems in industry, based on hybrid simulation-optimization approaches that combine the advantages of both paradigms. The book serves as a comprehensive guide to tackling scheduling, routing problems, resource allocations and other issues in industrial environments, the service industry, production processes, or supply chains and aviation. Logistics, manufacturing and operational problems can either be modelled using optimization techniques or approaches based on simulation methodologies. Optimization techniques have the advantage of performing efficiently when the problems are properly defined, but they are often developed through rigid representations that do not include or accurately represent the stochasticity inherent in real systems. Furthermore, important information is lost during the abstraction process to fit each problem into the optimization technique. On the other hand, simulation approaches possess high description levels, but the optimization is generally performed through sampling of all the possible configurations of the system. The methods explored in this book are of use to researchers and practising engineers in fields ranging from supply chains to the aviation industry.

Author : Tuncer Ören,Bernard P. Zeigler,Andreas Tolk
Publisher : Springer Nature
Page : 549 pages
File Size : 45,5 Mb
Release : 2023-01-27
Category : Computers
ISBN : 9783031110856

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Body of Knowledge for Modeling and Simulation by Tuncer Ören,Bernard P. Zeigler,Andreas Tolk Pdf

Commissioned by the Society for Modeling and Simulation International (SCS), this needed, useful new ‘Body of Knowledge’ (BoK) collects and organizes the common understanding of a wide collection of professionals and professional associations. Modeling and simulation (M&S) is a ubiquitous discipline that lays the computational foundation for real and virtual experimentation, clearly stating boundaries—and interactions—of systems, data, and representations. The field is well known, too, for its training support via simulations and simulators. Indeed, with computers increasingly influencing the activities of today’s world, M&S is the third pillar of scientific understanding, taking its place along with theory building and empirical observation. This valuable new handbook provides intellectual support for all disciplines in analysis, design and optimization. It contributes increasingly to the growing number of computational disciplines, addressing the broad variety of contributing as well as supported disciplines and application domains. Further, each of its sections provide numerous references for further information. Highly comprehensive, the BoK represents many viewpoints and facets, captured under such topics as: Mathematical and Systems Theory Foundations Simulation Formalisms and Paradigms Synergies with Systems Engineering and Artificial Intelligence Multidisciplinary Challenges Ethics and Philosophy Historical Perspectives Examining theoretical as well as practical challenges, this unique volume addresses the many facets of M&S for scholars, students, and practitioners. As such, it affords readers from all science, engineering, and arts disciplines a comprehensive and concise representation of concepts, terms, and activities needed to explain the M&S discipline. Tuncer Ören is Professor Emeritus at the University of Ottawa. Bernard Zeigler is Professor Emeritus at the University of Arizona. Andreas Tolk is Chief Scientist at The MITRE Corporation. All three editors are long-time members and Fellows of the Society for Modeling and Simulation International. Under the leadership of three SCS Fellows, Dr. Ören, University of Ottawa, Dr. Zeigler, The University of Arizona, and Dr. Tolk, The MITRE Corporation, more than 50 international scholars from 15 countries provided insights and experience to compile this initial M&S Body of Knowledge.

Author : Silja Meyer-Nieberg,Nadiia Leopold,Tobias Uhlig
Publisher : Springer
Page : 60 pages
File Size : 42,8 Mb
Release : 2019-07-26
Category : Business & Economics
ISBN : 9783030262150

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Natural Computing for Simulation-Based Optimization and Beyond by Silja Meyer-Nieberg,Nadiia Leopold,Tobias Uhlig Pdf

This SpringerBrief bridges the gap between the areas of simulation studies on the one hand, and optimization with natural computing on the other. Since natural computing methods have been applied with great success in several application areas, a review concerning potential benefits and pitfalls for simulation studies is merited. The brief presents such an overview and combines it with an introduction to natural computing and selected major approaches, as well as with a concise treatment of general simulation-based optimization. As such, it is the first review which covers both the methodological background and recent application cases. The brief is intended to serve two purposes: First, it can be used to gain more information concerning natural computing, its major dialects, and their usage for simulation studies. It also covers the areas of multi-objective optimization and neuroevolution. While the latter is only seldom mentioned in connection with simulation studies, it is a powerful potential technique. Second, the reader is provided with an overview of several areas of simulation-based optimization which range from logistic problems to engineering tasks. Additionally, the brief focuses on the usage of surrogate and meta-models. The brief presents recent application examples.

Author : P. Bratley,B. L. Fox,L. E. Schrage
Publisher : Springer Science & Business Media
Page : 399 pages
File Size : 50,9 Mb
Release : 2012-12-06
Category : Science
ISBN : 9781468401677

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A Guide to Simulation by P. Bratley,B. L. Fox,L. E. Schrage Pdf

Simulation means driving a model of a system with suitable inputs and observing the corresponding outputs. It is widely applied in engineering, in business, and in the physical and social sciences. Simulation method ology araws on computer. science, statistics, and operations research and is now sufficiently developed and coherent to be called a discipline in its own right. A course in simulation is an essential part of any operations re search or computer science program. A large fraction of applied work in these fields involves simulation; the techniques of simulation, as tools, are as fundamental as those of linear programming or compiler construction, for example. Simulation sometimes appears deceptively easy, but perusal of this book will reveal unexpected depths. Many simulation studies are statistically defective and many simulation programs are inefficient. We hope that our book will help to remedy this situation. It is intended to teach how to simulate effectively. A simulation project has three crucial components, each of which must always be tackled: (1) data gathering, model building, and validation; (2) statistical design and estimation; (3) programming and implementation. Generation of random numbers (Chapters 5 and 6) pervades simulation, but unlike the three components above, random number generators need not be constructed from scratch for each project. Usually random number packages are available. That is one reason why the chapters on random numbers, which contain mainly reference material, follow the ch!lPters deal ing with experimental design and output analysis.

Author : Kim, Dookie,Sekhar Roy, Sanjiban,Länsivaara, Tim,Deo, Ravinesh,Samui, Pijush
Publisher : IGI Global
Page : 618 pages
File Size : 49,8 Mb
Release : 2018-06-15
Category : Technology & Engineering
ISBN : 9781522547679

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Handbook of Research on Predictive Modeling and Optimization Methods in Science and Engineering by Kim, Dookie,Sekhar Roy, Sanjiban,Länsivaara, Tim,Deo, Ravinesh,Samui, Pijush Pdf

The disciplines of science and engineering rely heavily on the forecasting of prospective constraints for concepts that have not yet been proven to exist, especially in areas such as artificial intelligence. Obtaining quality solutions to the problems presented becomes increasingly difficult due to the number of steps required to sift through the possible solutions, and the ability to solve such problems relies on the recognition of patterns and the categorization of data into specific sets. Predictive modeling and optimization methods allow unknown events to be categorized based on statistics and classifiers input by researchers. The Handbook of Research on Predictive Modeling and Optimization Methods in Science and Engineering is a critical reference source that provides comprehensive information on the use of optimization techniques and predictive models to solve real-life engineering and science problems. Through discussions on techniques such as robust design optimization, water level prediction, and the prediction of human actions, this publication identifies solutions to developing problems and new solutions for existing problems, making this publication a valuable resource for engineers, researchers, graduate students, and other professionals.