Simulation Optimization Research and Development

  title={Simulation Optimization Research and Development},
  author={Royce Bowden and John D. Hall},
  booktitle={Winter Simulation Conference},
Simulation optimization is rapidly becoming a mainstrea tool for simulation practitioners. Simulation optimization is the practice of linking an optimization method with simulation model to determine appropriate settings certain input parameters so as to maximize th performance of the simulated system. Requirements for automated simulation optimization tool for practitioner were formulated in the early 1970s and the first wide used commercial product appeared in 1995. In this pap the authors… CONTINUE READING
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