System dynamics simulation of the expansion of the Panama Canal
Abstract
The expansion of the Panama Canal could be the largest project attempted by the Republic of Panama in its 100 years of existence. The objective of this simulation study is to use the Canal Expansion project to develop and demonstrate how more precise and applied concepts involving the complex decision making processes can be used in large "system of systems". It is an attempt to explain the decision making process for complex systems, and to develop a model that will help with the political, social and economic decision making processes involved in this very large project. Challenges involved in this research initiative included developing the parametric expressions that explain the dynamical intricacies and validation of the expansion project. A hybrid system is also proposed by using different types of simulation and mechanisms such as neural networks to incorporate some of the societal/political parameters.
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Information & Contributors
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Published In
December 2006
2429 pages
ISBN:1424405017
- Editors:
- L. Felipe Perrone,
- Barry G. Lawson,
- Jason Liu,
- Frederick P. Wieland,
- General Chair:
- David Nicol,
- Program Chair:
- Richard Fujimoto
Sponsors
- IIE: Institute of Industrial Engineers
- ASA: American Statistical Association
- IEICE ESS: Institute of Electronics, Information and Communication Engineers, Engineering Sciences Society
- IEEE-CS\DATC: The IEEE Computer Society
- SIGSIM: ACM Special Interest Group on Simulation and Modeling
- NIST: National Institute of Standards and Technology
- (SCS): The Society for Modeling and Simulation International
- INFORMS-CS: Institute for Operations Research and the Management Sciences-College on Simulation
Publisher
Winter Simulation Conference
Publication History
Published: 03 December 2006
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WSC06
Sponsor:
- IIE
- ASA
- IEICE ESS
- IEEE-CS\DATC
- SIGSIM
- NIST
- (SCS)
- INFORMS-CS
Acceptance Rates
WSC '06 Paper Acceptance Rate 177 of 252 submissions, 70%;
Overall Acceptance Rate 3,413 of 5,075 submissions, 67%
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