Simulation allows the repeated solution of an evaluation model.
Each solution randomly selects values from predetermined probability distributions.
All solutions are summarized into an overall distribution of NPV values.
This distribution shows management how risky the project is.
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This book explains the ﬁnancial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identiﬁcation and estimation (including forecasting) of cash ﬂows, project appraisal formulae and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculation examples.
This book offers a concise introduction to the art of building simulation software, collecting the most important concepts and algorithms in one place. Written for both individuals new to the field of modeling and simulation as well as experienced practitioners, this guide explains the design and implementation of simulation software used in the engineering of large systems while presenting the relevant mathematical elements, concept discussions, and code development.
When I wrote my ﬁrst book, Qualitative Choice Analysis, in the mid1980s, the ﬁeld had reached a critical juncture. The breakthrough concepts that deﬁned the ﬁeld had been made. The basic models – mainly logit and nested logit – had been introduced, and the statistical and economic properties of these models had been derived. Applications had proven successful in many different areas, including transportation, energy, housing, and marketing – to name only a few. The ﬁeld is at a similar juncture today for a new generation of procedures.
Over several years, we have developed an approach to spoken dialogue systems that includes rule-based and trainable dialogue managers, spoken language understanding and generation modules, and a comprehensive dialogue system architecture. We present a Reinforcement Learning-based dialogue system that goes beyond standard rule-based models and computes on-line decisions of the best dialogue moves. The key concept of this work is that we bridge the gap between manually written dialog models (e.g.
Simulated annealing has been applied to a wide range of problems: combinatorial and
continuous optimizations. This work approaches a new class of problems in which the
objective function is discrete but the parameters are continuous. This type of problem arises in
rotational irregular packing problems. It is necessary to place multiple items inside a container
such that there is no collision between the items, while minimizing the items occupied area.
A feedback is proposed to control the next candidate probability distribution, in order to
increase the number of accepted solutions.
This report summarizes work performed during a quick-response analytic effort in support of the 2001 Army Science Board (ASB) Summer Study on Objective Force Soldier, along with subsequent efforts in related areas. The work used high-resolution constructive simulation to examine key aspects of “objective soldier,” with the modeling taking place in the 2015–2020 time frame.
Computer simulation has become an essential par t of science and engineering.
Digital analysis of components, in particular, is important when developing new
products or optimizing designs. Today a broad spectrum of options for simulation is
available; researchers use everything from basic programming languages to various
high-level packages implementing advanced methods. Though each of these
techniques has its own unique attributes, they all share a common concern: Can you
rely on the results?...
The book begins with a review of three-dimensional Particle Image Velocimetry (PIV).
PIV has become a standard technique over recent decades, and is useful for studies in
which an optically clear fluid can be seeded with small, neutrally buoyant particles.
Applications have included shipping and aircraft design, and simulation of
cardiovascular flow dynamics.
Distillation is probably one of the oldest systematic processes in the field of chemistry
and chemical engineering which goes back to the first century AD. The initial concepts
were applied in the production of distilled water. Distillation was a single step batch
process at the beginning. However, fractional distillation as is used today was
developed more than 10 centuries later.
The purpose of this book is to provide an overview of basic image fusion techniques and serve as an introduction to image fusion applications in variant fields. It is anticipated that it will be useful for research scientists to capture recent developments and to spark new ideas within the image fusion domain.
File Concept Access Methods Directory Structure File-System Mounting File Sharing Protection
To explain the function of file systems To describe the interfaces to file systems To discuss file-system design tradeoffs, including access methods, file sharing, file locking, and directory structures To explore file-system protection
Applied statistics for civil and environmental engineers has many contents: Preliminary Data Analysis, Basic Probability Concepts, Random Variables and Their Properties, Model Estimation and Testing, Methods of Regression and Multivariate Analysis, Frequency Analysis of Extreme Events, Simulation Techniques for Design, Risk and Reliability Analysis, Bayesian Decision Methods and Parameter Uncertainty.
Silicon technology continues to progress, but device scaling is rapidly
taking the metal oxide semiconductor field-effect transistor (MOSFET) to its
limit. When MOS technology was developed in the 1960's, channel lengths
were about 10 micrometers, but researchers are now building transistors with
channel lengths of less than 10 nanometers. New kinds of transistors and
other devices are also being explored. Nanoscale MOSFET engineering
continues, however, to be dominated by concepts and approaches originally
developed to treat microscale devices...
This book is divided into different research areas relevant in Bioinformatics such as biological networks, next generation sequencing, high performance computing, molecular modeling, structural bioinformatics, molecular modeling and intelligent data analysis. Each book section introduces the basic concepts and then explains its application to problems of great relevance, so both novice and expert readers can benefit from the information and research works presented here.
The MATLAB BVP solver of bvp4c is introduced as a Residual control based, adaptive mesh
solver. An adaptive mesh solver is an alternative approach to that of a uniform mesh, which
would specify a uniform grid of data points xi over the interval [xi, xi+1] and solve
accordingly. The adaptive solver will adjust the mesh points at each stage in the iterative
procedure, distributing them to points where they are most needed. This can lead to obvious
advantages in terms of computational and storage costs as well as allowing control over the
Tham khảo tài liệu 'an introduction to intelligent and autonomous control-chapter 3:model-based architecture concepts for autonomous systems design and simulation', công nghệ thông tin, quản trị web phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả
The word genre comes from the French meaning type or category. Its roots
are in the Latin word genus, a word which is now used to describe
classification in biology. Using the concept of genre in relation to the moving
image serves much the same purpose. Approaching films in relation to genre
inevitably means treating individual films not as unique works of art but as
members of different categories or groupings.
There are two major approaches to film genre: The Descriptive Approach and
The Functional Approach. ...
Tuyển tập báo cáo các nghiên cứu khoa học quốc tế ngành hóa học dành cho các bạn yêu hóa học tham khảo đề tài:Design of a complex virtual reality simulation to train finger motion for persons with hemiparesis: a proof of concept study
It is often said that computers are revolutionizing science and engineering.
By using computers we are able to construct complex engineering
designs such as space shuttles. We are able to compute the properties
of the universe as it was fractions of a second after the big bang. Our
ambitions are ever-increasing. We want to create even more complex
designs such as better spaceships, cars, medicines, computerized cellular
phone systems, and the like. We want to understand deeper aspects
of nature. These are just a few examples of computer-supported modeling