Estimating parameter values in a continuous simulation model of an industry

The use of qualitative and quantitative data in building a simulation model is considered. Experience of using an optimising technique to estimate parameter values in a continuous simulation model of the U.K. paper industry is described. Problems arising as a result of the incompleteness of the set...

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Bibliographic Details
Published inEuropean journal of operational research Vol. 8; no. 3; pp. 264 - 269
Main Authors Thillainathan, V., Price, D.H.R.
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.01.1981
Elsevier
Elsevier Sequoia S.A
SeriesEuropean Journal of Operational Research
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Summary:The use of qualitative and quantitative data in building a simulation model is considered. Experience of using an optimising technique to estimate parameter values in a continuous simulation model of the U.K. paper industry is described. Problems arising as a result of the incompleteness of the set of available statistical data concerning the industry are discussed, as is their impact on the model.
ISSN:0377-2217
1872-6860
DOI:10.1016/0377-2217(81)90174-0