Simulation - Edition 4 - By Sheldon M. Ross Elsevier Educate

Simulation

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Simulation,

Edition 4

By Sheldon M. Ross

Publication Date: 01 Aug 2006

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Ross's Simulation, Fourth Edition introduces aspiring and practicing actuaries, engineers, computer scientists and others to the practical aspects of constructing computerized simulation studies to analyze and interpret real phenomena. Readers learn to apply results of these analyses to problems in a wide variety of fields to obtain effective, accurate solutions and make predictions about future outcomes. This text explains how a computer can be used to generate random numbers, and how to use these random numbers to generate the behavior of a stochastic model over time. It presents the statistics needed to analyze simulated data as well as that needed for validating the simulation model.

Key Features

More focus on variance reduction, including control variables and their use in estimating the expected return at blackjack and their relation to regression analysis
A chapter on Markov chain monte carlo methods with many examples
Unique material on the alias method for generating discrete random variables

About the author

By Sheldon M. Ross, Professor, Department of Industrial and Systems Engineering, University of Southern California, Los Angeles, USA

ISBN: 9780125980630

Page Count: 0

Retail Price (USD) :

Banks/Carson, DISCRETE EVENT SYSTEM SIMULATION, Prentice-Hall, 2000, 600 pp, $115.00 list.Law/Kelton, SIMULATION MODELING AND ANALYSIS, McGraw Hill, 1999, 784 pp, $103.75 list

Access to teacher/student resources is available to registered users with approved review copies or confirmed adoptions. To review this material, please request a review copy.

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Senior/graduate level students taking a course in Simulation, found in many different departments, including: Computer Science, Industrial Engineering, Operations Research, Statistics, Mathematics, Electrical Engineering, and Quantitative Business Analysis

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