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With the advance of new computing technology, simulation is becoming very popular for designing large, complex and stochastic engineering systems, since closed-form analytical solutions generally do not exist for such problems. However, the added flexibility of simulation often creates models that are computationally intractable. Moreover, to obtain a sound statistical estimate at a specified level of confidence, a large number of simulation runs (or replications) is usually required for each design alternative. If the number of design alternatives is large, the total simulation cost can be very expensive. Stochastic Simulation Optimization addresses the pertinent efficiency issue via smart ...
Discrete event systems (DES) have become pervasive in our daily lives. Examples include (but are not restricted to) manufacturing and supply chains, transportation, healthcare, call centers, and financial engineering. However, due to their complexities that often involve millions or even billions of events with many variables and constraints, modeling these stochastic simulations has long been a hard nut to crack. The advance in available computer technology, especially of cluster and cloud computing, has paved the way for the realization of a number of stochastic simulation optimization for complex discrete event systems. This book will introduce two important techniques initially proposed and developed by Professor Y C Ho and his team; namely perturbation analysis and ordinal optimization for stochastic simulation optimization, and present the state-of-the-art technology, and their future research directions.
Presents information sources and methodologies for modeling and simulating banking system stability Combining both academic and institutional knowledge and experience, Banking Systems Simulation: Theory, Practice, and Application of Modeling Shocks, Losses, and Contagion presents banking system risk modeling clearly within a theoretical framework. Written from the global financial perspective, the book explores single bank risk, common bank exposures, and contagion, and how these apply on a systemic level. Zedda approaches these simulation methods logically by providing the basic building blocks of modeling and simulation, and then delving further into the individual techniques that make up ...
1. Maritime trade evolutions and port city developments in Asia. 1. Introduction. 2. Evolution of Asia's maritime trade. 3. Asia port developments in the 1990s and beyond. 4. Factors of port competitiveness and development. 5. Lessons to be learnt. 6. Conclusions. 7. References -- 2. Recent development of maritime logistics. 1. Development trends on global container shipping. 2. Liner shipping. 3. Ports. 4. Conclusions. 5. References -- 3. Scenario analysis for Hong Kong port development under changing business environment. 1. Introduction. 2. Literature review. 3. Changing business environment for HKP. 4. A MIP model. 5. Experimental design. 6. Results, analysis and findings. 7. Conclusions...
This unique volume presents the achievements of the land, sea and air transport industry of Singapore in the last 50 years after Singapore gained its independence in 1965. It provides a comprehensive overview of Singapore's progress in transportation from a typical third world system in the 1960s to one that is currently in the top league globally in all aspects of passenger and freight transportation. Singapore's successes in land transport planning, urban traffic management, and public transport systems provide valuable experience for major cities worldwide. The emergence of the Singapore Port as the most efficient container port in the world is another success story that inspires both est...
With the increasing complexity and dynamism in today’s product design and manufacturing, more optimal, robust and practical approaches and systems are needed to support product design and manufacturing activities. Multi-objective Evolutionary Optimisation for Product Design and Manufacturing presents a focused collection of quality chapters on state-of-the-art research efforts in multi-objective evolutionary optimisation, as well as their practical applications to integrated product design and manufacturing. Multi-objective Evolutionary Optimisation for Product Design and Manufacturing consists of two major sections. The first presents a broad-based review of the key areas of research in multi-objective evolutionary optimisation. The second gives in-depth treatments of selected methodologies and systems in intelligent design and integrated manufacturing. Recent developments and innovations in multi-objective evolutionary optimisation make Multi-objective Evolutionary Optimisation for Product Design and Manufacturing a useful text for a broad readership, from academic researchers to practicing engineers.
The three volume set LNCS 5551/5552/5553 constitutes the refereed proceedings of the 6th International Symposium on Neural Networks, ISNN 2009, held in Wuhan, China in May 2009. The 409 revised papers presented were carefully reviewed and selected from a total of 1.235 submissions. The papers are organized in 20 topical sections on theoretical analysis, stability, time-delay neural networks, machine learning, neural modeling, decision making systems, fuzzy systems and fuzzy neural networks, support vector machines and kernel methods, genetic algorithms, clustering and classification, pattern recognition, intelligent control, optimization, robotics, image processing, signal processing, biomedical applications, fault diagnosis, telecommunication, sensor network and transportation systems, as well as applications.
Proceedings of the Sixth International Conference on Intelligent System and Knowledge Engineering presents selected papers from the conference ISKE 2011, held December 15-17 in Shanghai, China. This proceedings doesn’t only examine original research and approaches in the broad areas of intelligent systems and knowledge engineering, but also present new methodologies and practices in intelligent computing paradigms. The book introduces the current scientific and technical advances in the fields of artificial intelligence, machine learning, pattern recognition, data mining, information retrieval, knowledge-based systems, knowledge representation and reasoning, multi-agent systems, natural-la...
In an era defined by rapid urbanization and ever-increasing mobility demands, effective transportation management is paramount. This book takes readers on a journey through the intricate web of contemporary transportation systems, offering unparalleled insights into the strategies, technologies, and methodologies shaping the movement of people and goods in urban landscapes. From the fundamental principles of traffic signal dynamics to the cutting-edge applications of machine learning, each chapter of this comprehensive guide unveils essential aspects of modern transportation management systems. Chapter by chapter, readers are immersed in the complexities of traffic signal coordination, corri...
The two volume set LNAI 3801 and LNAI 3802 constitute the refereed proceedings of the annual International Conference on Computational Intelligence and Security, CIS 2005, held in Xi'an, China, in December 2005. The 338 revised papers presented - 254 regular and 84 extended papers - were carefully reviewed and selected from over 1800 submissions. The first volume is organized in topical sections on learning and fuzzy systems, evolutionary computation, intelligent agents and systems, intelligent information retrieval, support vector machines, swarm intelligence, data mining, pattern recognition, and applications. The second volume is subdivided in topical sections on cryptography and coding, cryptographic protocols, intrusion detection, security models and architecture, security management, watermarking and information hiding, web and network applications, image and signal processing, and applications.