Development of the Algorithm for Selection of Appropriate Numerical Modeling Approach

Ph.D. Ivan Mihajloviæ () and Ph.D. Živan Živkoviæ ()
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Ph.D. Ivan Mihajloviæ: University of Belgrade
Ph.D. Živan Živkoviæ: University of Belgrade

A chapter in Proceedings of FIKUSZ '14, 2014, pp 211-222 from Óbuda University, Keleti Faculty of Business and Management

Abstract: This paper is dealing with review of different modeling approaches, available in contemporary literature, and analyses of their applicability on real technological processes. During the theoretical discussion the scope of potential options of techniques available for complex systems modeling are presented. Both analytical and statistical modeling approaches are described. The most important part of the paper is dealing with development of the algorithm for selection of appropriate numerical modeling approach – ASANMA, based on the structure of the system and the scope of input variables of the investigated process. Presented assumptions are based on real-life examples of the numerical models of the real systems. Developed algorithm can be used by decision makers for selection of the appropriate numerical modeling approach, in the practice.

Keywords: Optimization; komplex systems; numerical modeling (search for similar items in EconPapers)
Date: 2014
ISBN: 978-615-5460-28-9
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