Basic Overview of Simulation Optimization

Hrčka Lukáš (), Važan Pavel () and Šutová Zuzana ()
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Hrčka Lukáš: Ing. Lukáš HRČKA, doc. Ing. Pavel VAŽAN, PhD., Mgr. Zuzana ŠUTOVÁ Slovak University of Technology in Bratislava, Faculty of Materials Science and Technology in Trnava, Paulínska
Važan Pavel: Ing. Lukáš HRČKA, doc. Ing. Pavel VAŽAN, PhD., Mgr. Zuzana ŠUTOVÁ Slovak University of Technology in Bratislava, Faculty of Materials Science and Technology in Trnava, Paulínska
Šutová Zuzana: Ing. Lukáš HRČKA, doc. Ing. Pavel VAŽAN, PhD., Mgr. Zuzana ŠUTOVÁ Slovak University of Technology in Bratislava, Faculty of Materials Science and Technology in Trnava, Paulínska

Research Papers Faculty of Materials Science and Technology Slovak University of Technology, 2014, vol. 22, issue 341, 11-16

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.

Keywords: Simulation optimization; Witness simulator; production system; methods (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:repfms:v:22:y:2014:i:341:p:6:n:1

DOI: 10.2478/rput-2014-0001

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