Modeling Flashcards

0
Q

Modeling considerations ?

A

On-going, interactive process, be monitored, refined on changing conditions.

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1
Q

Micro modeling control cycle ?

A

Identify problems , design solutions , monitor results.

Define model, build model, maintain model.

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2
Q

Modeling techniques ?

A

Statistical techniques (closed form solution) ;
Regression type ;
Deterministic projection;
Stochastic projection.

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