Simulation by repeated optimisation

R G Coyle
Additional contact information
R G Coyle: Shrivenham

Journal of the Operational Research Society, 1999, vol. 50, issue 4, 429-438

Abstract: Abstract The problems of improving the performance of system dynamics models is briefly reviewed and it is suggested that dynamic optimisation offers some solutions to those difficulties. Since dynamic optimisation is relatively uncommon in OR, the basic theory is explained, attention is drawn to the weaknesses of the technique and the approach is illustrated by an example. The differences between unconstrained and constrained optimisation are explored and constrained optimisation, and the interpretation of its results, is illustrated by two cases. Finally, some summary thoughts are presented.

Keywords: System dynamics; policy design; heuristic optimisation (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1057/palgrave.jors.2600713 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:50:y:1999:i:4:d:10.1057_palgrave.jors.2600713

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/41274

DOI: 10.1057/palgrave.jors.2600713

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald and Jonathan Crook

More articles in Journal of the Operational Research Society from Palgrave Macmillan, The OR Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().