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Proceedings Paper

Simulation optimization as a method for lot size determination
Author(s): P. Vazan; O. Moravčík; D. Jurovatá; A. Juráková
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Paper Abstract

The paper presents the simulation optimization as a good tool for solving many problems not only in research, but also in real praxis. It gives basic overview of the methods in simulation optimization. The authors also characterise their own experiences and they mention advantages and problems of simulation optimization. The paper is a contribution to more effective using of simulation optimization. The main goal was to give the general procedure for effective usage of simulation optimization. The authors present the alternative method for determination of lot size. The method uses the simulation optimization as a base procedure. The authors demonstrate the important stages of the method. The final procedure involves the process of selection of algorithm, input variables, their set up of range and step selection. The solution is compared with classic mathematic methods. The authors point out that the realization of simulation optimization is a compromise between acceptable time and accuracy of found solution.

Paper Details

Date Published: 1 October 2011
PDF: 6 pages
Proc. SPIE 8285, International Conference on Graphic and Image Processing (ICGIP 2011), 82853A (1 October 2011); doi: 10.1117/12.914240
Show Author Affiliations
P. Vazan, Slovak Univ. of Technology (Slovakia)
O. Moravčík, Slovak Univ. of Technology (Slovakia)
D. Jurovatá, Slovak Univ. of Technology (Slovakia)
A. Juráková, Slovak Univ. of Technology (Slovakia)

Published in SPIE Proceedings Vol. 8285:
International Conference on Graphic and Image Processing (ICGIP 2011)
Yi Xie; Yanjun Zheng, Editor(s)

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