Question: Implement a single DV search algorithm. I ve used Golden Section, heuristic direct search, and Leapfrogging methods. Although Newton - type and successive quadratic techniques
Implement a single DV search algorithm. Ive used Golden Section, heuristic direct search, and
Leapfrogging methods. Although Newtontype and successive quadratic techniques work well
on the deterministic continuum model, the discontinuities of risk, pump cost with high pressure,
and discretization of pipe diameter are problems for them. I like the direct search approaches. Further,
for the stochastic NPV LF with replicates and the steadystate convergence is my choice.
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