Monte-Carlo simulation : an introduction for engineers and scientists /

"Monte Carlo techniques have increasingly become a key method used in quantitative research. This book introduces engineers and scientists to the basics of using the Monte-Carlo simulation method which is used in Operations Research and other fields to understand the impact of risk and uncertai...

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Bibliographic Details
Main Author: Stevens, Alan (Mathematician) (Author)
Corporate Author: Taylor & Francis
Format: eBook
Language:English
Published: Boca Raton, FL : CRC Press, 2023.
Edition:First edition.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:"Monte Carlo techniques have increasingly become a key method used in quantitative research. This book introduces engineers and scientists to the basics of using the Monte-Carlo simulation method which is used in Operations Research and other fields to understand the impact of risk and uncertainty in prediction and forecasting models. It explores several specific applications in addition to illustrating the principles behind the methods. Beginning engineers and scientists either already in or about to go into industry or commercial and government scientific laboratories will find this book essential"--
Physical Description:1 online resource
Bibliography:Includes bibliographical references and index.
ISBN:9781000655704
1000655709
9781003295235
1003295231