Optimization of Stochastic Models: The Interface Between Simulation and Optimization (The Springer International Series in Engineering and Computer Science (373), Band 373)

Language: English

Published by Springer, 1996

0792397800 / 9780792397809

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Seller: unifachbuch e.K., Köln, NRW, Germanyunifachbuch e.K.

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Gebraucht - Wie neu Ungelesenes, vollständiges Exemplar in sehr gutem Zustand. -Stochastic models are everywhere. In manufacturing, queuing models are used for modeling production processes, realistic inventory models are stochastic in nature. Stochastic models are considered in transportation and communication. Marketing models use stochastic descriptions of the demands and buyer's behaviors. In finance, market prices and exchange rates are assumed to be certain stochastic processes, and insurance claims appear at random times with random amounts. To each decision problem, a cost function is associated. Costs may be direct or indirect, like loss of time, quality deterioration, loss in production or dissatisfaction of customers. In decision making under uncertainty, the goal is to minimize the expected costs. However, in practically all realistic models, the calculation of the expected costs is impossible due to the model complexity. Simulation is the only practicable way of getting insight into such models. Thus, the problem of optimal decisions can be seen as getting simulation and optimization effectively combined. The field is quite new and yet the number of publications is enormous. This book does not even try to touch all work done in this area. Instead, many concepts are presented and treated with mathematical rigor and necessary conditions for the correctness of various approaches are stated. Optimization of Stochastic Models: The Interface Between Simulation and Optimization is suitable as a text for a graduate level course on Stochastic Models or as a secondary text for a graduate level course in Operations Research. 396 pp. Englisch.…

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Title
Optimization of Stochastic Models: The Interface Between Simulation and Optimization (The Springer International Series in Engineering and Computer Science (373), Band 373)
Author
Georg Ch. Pflug
Publisher
Springer
Publication year
1996
Condition
Wie neu
Binding
Gebundene Ausgabe
Language
English
ISBN 10
0792397800
ISBN 13
9780792397809
Item weight
764 grams
Dimensions
241x160x26 mm

unifachbuch e.K.

Köln, NRW, Germany

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Willkommen bei unifachbuch Unser Angebot - oder: Was bekomme ich für mein Geld? Für alle Titel gilt: Wir verkaufen keine gebrauchten Bücher, alle Bücher sind ungelesen, ungenutzt, inhaltlich vollständig und umfassen jeweils den vollen Lieferumfang inkl. CD, DVD, Zugangs- oder Aktivierungscode etc. Unsere Angebote sind meist Verlagsremittenden, etwas ältere Auflagen, Ausstellungsexemplare, Mängelexemplare oder fremdsprachige Titel ohne festen Ladenpreis. Leichte Lager- oder Aufbewahrungsspuren können wir nicht immer ausschließen, viele Bücher sind aber noch originalverpackt. Einige Angebote sind durch einen Stempel auf der Unterseite des Buches als Verlagsremittende, Ausstellungsexemplar oder Mängelexemplar gekennzeichnet…

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