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CAREER: Simulation Optimization Reimagined: Coupling Exploratory Simulation Analysis and Optimization for Holistic Decision Making

US NSF grant open #nsf-2543469

Summary

This Faculty Early Career Development Program (CAREER) grant will advance the national prosperity and economic welfare by enhancing the analytical capabilities of organizations in sectors such as healthcare, finance, construction, and national defense that leverage stochastic computer simulation models to make critical decisions in the face of uncertainty. This award supports a fundamental reinvention of how such models are paired with optimization methods to inform decision makers of risks and tradeoffs in stochastic system performance. This research will make simulation optimization approach

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