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We develop a framework for automated optimization of stochastic simulation models using Response Surface Methodology … function is very expensive or time-consuming. Response Surface Methodology is frequently used for the optimization of … need to interfere in the optimization process. In our framework for automated optimization we describe all choices that …
Persistent link: https://www.econbiz.de/10010731832
In this paper we give a short novel proof of the well-known Lagrange multiplier rule, discuss the sources of the power of this rule and consider several applications of this rule. The new proof does not use the implicit function theorem and combines the advantages of two of the most well-known...
Persistent link: https://www.econbiz.de/10010837713
In this paper we study a model to estimate the probability that a target group of an advertising campaign is reached by a commercial message a given number of times. This contact frequency distribution is known to be computationally difficult to calculate because of dependence between the...
Persistent link: https://www.econbiz.de/10010837730
A railway system needs a substantial amount of maintenance. To prevent unexpected breakdowns as much as possible, preventive maintenance is required. In this paper we discuss the Preventive Maintenance Scheduling Problem (PMSP), where (short) routine activities and (long) unique projects have to...
Persistent link: https://www.econbiz.de/10010837786
the complete analysis of continuous optimization problems. Standard reasonable descents give a unified approach to all … central results outside optimization: the fundamental theorem of algebra, the maximum and the minimum principle of complex … function theorem. These optimization proofs compare favorably with the usual proofs and are all based on the same strategy …
Persistent link: https://www.econbiz.de/10010837881
In several disciplines, as diverse as shape analysis, location theory, quality control, archaeology, and psychometrics, it can be of interest to fit a circle through a set of points. We use the result that it suffices to locate a center for which the variance of the distances from the center to...
Persistent link: https://www.econbiz.de/10010837970
can be estimated by optimization of the goodness-of-fit. We compared the efficiency and accuracy of the Response Surface … Methodology and the Nelder and Mead Simplex Method for optimization of microsimulation models. To this end, we tested several … respect to accuracy, Response Surface Methodology performed better in case of optimization of the microsimulation model …
Persistent link: https://www.econbiz.de/10010837974