CHAPTER 9
Modelling Research II–Heuristics and Simulation
LEARNING OBJECTIVES
Upon completion of this chapter, you will be able to:
- Understand the concept of heuristic
- Become familiar with different kinds of heuristic methods
- Get to know about computational experiment on heuristic performance
- Learn advantages and limitations of heuristic methods
- Understand the basics of heuristic optimisation
- Appreciate meta heuristics
- Understand the meaning of simulation and in what ways it can be applied to research in management areas
- Learn the basics of Monte Carlo Simulation
- Become aware ...
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