Work

Optimization Via Simulation: Solution Concepts, Algorithms, Parallelcomputing Strategies and Commercial Software

Year: 2014

Type: article

Abstract: Simulation optimization (or optimization via simulation) is defined as the optimization of performance measures based on outputs from stochastic simulations. Although several articles on this topic have been published, the literature on optimization via simulation is still in its infancy. In this paper the research in this field is reviewed and some issues that have not received attention so far are highlighted. In particular, a survey of solution methodologies is presented, followed by a critical review of parallel computing strategies and commercial software packages. A particular emphasis is put on problems with discrete decision variables.

Source: International Journal of Computing

DOI: 10.47839/ijc.3.3.299

Authors: Gianpaolo Ghiani, Pasquale Legato, Roberto Musmanno, Francesca Vocaturo

Institutions: University of Salento, University of Calabria

Language: English

Topic: Simulation Techniques and Applications

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2627023403

FWCI: 0.358

Cites: 21

Cited by: 8

Related to: 10