Foundations and Methods of Stochastic Simulation

Barry L. Nelson currently serves as the Chair of the Department of Industrial Engineering and Management Sciences at Northwestern, as well as past Editor in Chief of Naval Research Logistics. He has also received an award for the Charles Deering McCormick Professor of Teaching Excellence. Barry Nelson's research is involved with the design and analysis of computer simulation experiments on models of stochastic systems, focusing particularly on issues related to statistical efficiency of simulation experiments. His research includes modeling and analysis of networks of nonstationary queues. The applications of this include computer-performance modeling, manufacturing systems, financial engineering and transportation.

From the reviews: "The intended audience is graduate and advanced undergraduate students. ... The book is clearly written, using a fairly terse style that may please instructors more than students. ... its greatest strength is the attention it gives to the modeling process. ... can be recommended as a supplement to any simulation course." (Robert W. Hayden, MAA Reviews, March, 2014) "The present book consists of 276 pages organised in 9 Chapters. ... recommended for MSc, PhD students." (Janos Sztrik, zbMATH, Vol. 1266, 2013)

• Why Do We Simulate?.- Simulation Programming: Quick Start.- Examples.- Simulation Programming with VBASim.- Two Views of Simulation.- Simulation Input.- Simulation Output.- Experiment Design and Analysis.- Simulation for Research.- VBASim.