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Basic Overview of Simulation Optimization Cover

Abstract

The paper gives a basic overview of simulation optimization as a significant simulation technology. The computing requirements of simulation optimization cause that the practical usage of simulation optimization without software support is impossible. Therefore, the paper demonstrates typical software approach to simulation optimization and additionally presents the most important algorithms used in simulation optimization. The authors explain basic steps of implementing simulation optimization and present their own procedure. The advantages and disadvantages of simulation optimization are emphasized at the end of this paper.

Language: English
Page range: 11 - 16
Published on: Nov 25, 2014
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2014 Lukáš Hrčka, Pavel Važan, Zuzana Šutová, published by Slovak University of Technology in Bratislava
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.