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Simulation optimization: a review, new developments, and applications

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3 Author(s)
M. C. Fu ; Smith Sch. of Bus., Maryland Univ., College Park, MD, USA ; F. W. Glover ; J. April

We provide a descriptive review of the main approaches for carrying out simulation optimization, and sample some recent algorithmic and theoretical developments in simulation optimization research. Then we survey some of the software available for simulation languages and spreadsheets, and present several illustrative applications.

Published in:

Proceedings of the Winter Simulation Conference, 2005.

Date of Conference:

4-7 Dec. 2005