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Monte-Carlo Simulation: An Introduction for Engineers and Scientists

Monte-Carlo Simulation: An Introduction for Engineers and Scientists

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Monte-Carlo Simulation: An Introduction for Engineers and Scientists

Monte-Carlo Simulation: An Introduction for Engineers and Scientists

Category

Python

Software Engineering

Software Development

Author

Alan Stevens

Publication

CRC Press

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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.

Monte-Carlo Simulation: An Introduction for Engineers and Scientists explores several specific applications in addition to illustrating the principles behind the methods. The question of accuracy and efficiency with using the method is addressed thoroughly within each chapter and all program listings are included in the discussion of each application to facilitate further research for the reader using Python programming language.

Beginning engineers and scientists either already in or about to go into industry or commercial and government scientific laboratories will find this book essential. It could also be of interest to undergraduates in engineering science and mathematics, as well as instructors and lecturers who have no prior knowledge of Monte-Carlo simulations.

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ISBN-13

9781032280776

Publisher

CRC Press

Price

86.21

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0

Alan Stevens

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About the Author

Alan Stevens spent his working life (35 years) at Rolls-Royce as a mathematical modeller, dealing mainly with design, safety and performance calculations for nuclear reactors. Rolls-Royce designs and manufactures the nuclear reactors that power the Royal Navys submarines. This included engineering heat transfer and fluid flow, reactor physics and whole plant modelling. In retirement he has sat on several committees of the Institute of Mathematics and Its Applications (IMA) in the UK, including its Executive Board and governing Council. He spent four years as its VP of Communications. --This text refers to the hardcover edition.

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