Stochastic simulation optimization : an optimal computing budget allocation

• Main Author: Chen, Chun-hung
• Other Authors: Lee, Loo Hay
• Format: Electronic eBook
• Language: English
• Published: Singapore ; Hackensack, NJ : World Scientific, ©2011.
• Series: System engineering and operations research ; vol. 1.
• Subjects: Systems engineering > Simulation methods.; Stochastic processes.; Mathematical optimization.; elektronické knihy; electronic books
• ISBN: 9789814282659; 9814282650; 9781628702309; 1628702303; 9789814282642; 9814282642
• Physical Description: 1 online resource (xviii, 227 pages) : illustrations.

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 a...