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- 4Markov chains
- 1Annealed law of large numbers
- 1Bayesian updating
- 1Cash Flow Management
- 1Construction simulation
- 1Geological prediction
Construction project costs are exchanged in the form of large numbers of purchase orders, which translates into many thousands of invoices. In typical contractual relationships, these invoices are exchanged between all parties involved in a construction project, including owners, engineers,...
In the context of simulating the transport of a chemical or bacterial contaminant through a moving sheet of water, we extend a well-established method of approximating reaction-diffusion equations with Markov chains by allowing convection, certain Poisson measure driving sources and a larger...
Processes in industry usually encounter time varying time delays as well as outliers in measurement data. These make identification of the process a challenging problem. Thus, a reliable estimation of the time delay and a correct estimation of the noise to include outliers are essential to...
Implementation of Bayesian Updating and Markov Chains to Improve Simulation of Stochastic Processes in ConstructionDownload
This thesis was mainly concerned with improving model-based prediction and forecasting of state variables of processes or systems using new, periodically-generated data within the construction domain. Some of these data are generated from field tests performed during feasibility studies, while...