Hands-On Simulation Modeling with Python: Develop simulation models to help you get accurate results and enhance the decision-making process, 2nd Edition

Hands-On Simulation Modeling with Python: Develop simulation models for improved efficiency and precision in the decision-making process, 2nd Edition 2nd edition
by Giuseppe Ciaburro
Publisher Finelybook 出版社: Packt Publishing; 2nd edition (November 30, 2022)
Language 语言: English
pages 页数: 460 pages
ISBN-10 书号: 1804616885
ISBN-13 书号: 9781804616888

Book Description
Learn to construct state-of-the-art simulation models with Python and enhance your simulation modelling skills, as well as create and analyze digital prototypes of physical models with ease

Key Features
Understand various statistical and physical simulations to improve systems using Python
Learn to create the numerical prototype of a real model using hands-on examples
Evaluate performance and output results based on how the prototype would work in the real world

Book Description
Simulation modelling is an exploration method that aims to imitate physical systems in a virtual environment and retrieve useful statistical inferences from it. The ability to analyze the model as it runs sets simulation modelling apart from other methods used in conventional analyses. This book is your comprehensive and hands-on guide to understanding various computational statistical simulations using Python. The book begins by helping you get familiarized with the fundamental concepts of simulation modelling, that'll enable you to understand the various methods and techniques needed to explore complex topics. Data scientists working with simulation models will be able to put their knowledge to work with this practical guide. As you advance, you'll dive deep into numerical simulation algorithms, including an overview of relevant applications, with the help of real-world use cases and practical examples. You'll also find out how to use Python to develop simulation models and how to use several Python packages. Finally, you'll get to grips with various numerical simulation algorithms and concepts, such as Markov Decision Processes, Monte Carlo methods, and bootstrapping techniques.
By the end of this book, you'll have learned how to construct and deploy simulation models of your own to overcome real-world challenges.

What you will learn
Get to grips with the concept of randomness and the data generation process
Delve into resampling methods
Discover how to work with Monte Carlo simulations
Utilize simulations to improve or optimize systems
Find out how to run efficient simulations to analyze real-world systems
Understand how to simulate random walks using Markov chains

Who this book is for
This book is for data scientists, simulation engineers, and anyone who is already familiar with the basic computational methods and wants to implement various simulation techniques such as Monte-Carlo methods and statistical simulation using Python.

Table of contents
Introducing simulation models
Understanding Randomness and Random Numbers
Probability and Data Generating Process
Working with Monte Carlo Simulations
Simulation-Based Markov Decision Process
Resampling methods
Improving and optimizing systems
Introducing evolutionary systems
Simulation models for Financial Engineering
Simulating Physical Phenomena by Neural Networks
Modeling and Simulation for Project Management
Simulation Model for Fault Diagnosis in dynamic system
What is next?

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