Monte-Carlo Simulation: An Introduction for Engineers and Scientists
English | 2023 | ISBN: 1032280778 | 113 Pages | PDF (True) | 11 MB
English | 2023 | ISBN: 1032280778 | 113 Pages | PDF (True) | 11 MB
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.

