Read Stochastic Simulation Optimization: An Optimal Computing Budget Allocation

Stochastic Simulation Optimization: An Optimal Computing Budget Allocation

Chun-hung Chen

4.9/5 (10219 ratings)

Description: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. Readership: Academics and professionals in the fields of stochastic analysis, systems and industrial engineering, probability and statistics, and computer science.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Stochastic Simulation Optimization: An Optimal Computing Budget Allocation. To get started finding Stochastic Simulation Optimization: An Optimal Computing Budget Allocation, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 9814282650

Description: 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. Readership: Academics and professionals in the fields of stochastic analysis, systems and industrial engineering, probability and statistics, and computer science.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Stochastic Simulation Optimization: An Optimal Computing Budget Allocation. To get started finding Stochastic Simulation Optimization: An Optimal Computing Budget Allocation, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Stochastic Simulation Optimization: An Optimal Computing Budget Allocation

Stochastic Simulation Optimization: An Optimal Computing Budget Allocation

More Books

Foundations and Methods of Stochastic Simulation

Foundations and Methods of Stochastic Simulation

Stochastic Simulation

Stochastic Simulation

Stochastic Simulation: Algorithms and Analysis

Stochastic Simulation: Algorithms and Analysis

Stochastic Simulation and Monte Carlo Methods

Stochastic Simulation and Monte Carlo Methods

Regenerative Stochastic Simulation

Regenerative Stochastic Simulation

Advances in Stochastic Simulation Methods

Advances in Stochastic Simulation Methods

Stochastic Simulation and Applications in Finance with MATLAB Programs

Stochastic Simulation and Applications in Finance with MATLAB Programs

Stochastic Simulation Optimization for Discrete Event Systems

Stochastic Simulation Optimization for Discrete Event Systems

Computer Applications in the Mineral Industries

Computer Applications in the Mineral Industries