TY  - CHAP
AU  - Bernt Johan Leira
AU  - Arifian Agusta
AU  - Sebastian Thöns
ED  - Pooneh Saidi Bidokhti
Y1  - 2019-09-24
PY  - 2019
T1  - Utilization of Digital Twins and Other Numerical Relatives for Efficient Monte Carlo Simulation in Structural Analysis
N2  - The Monte Carlo method is a numerical technique to model the probability of all possible outcomes in a process that cannot easily be predicted due to the interference of random variables. It is a technique used to understand the impact of risk, uncertainty, and ambiguity in forecasting models. However, this technique is complicated by the amount of computer time required to achieve sufficient precision in the simulations and evaluate their accuracy. This book discusses the general principles of the Monte Carlo method with an emphasis on techniques to decrease simulation time and increase accuracy.
BT  - Theory, Application, and Implementation of Monte Carlo Method in Science and Technology
SP  - Ch. 7
UR  - https://doi.org/10.5772/intechopen.89144
DO  - 10.5772/intechopen.89144
SN  - 978-1-78985-546-3
PB  - IntechOpen
CY  - Rijeka
Y2  - 2024-04-26
ER  -