Monte Carlo Simulation 5 : A technique used to evaluate models that are too complicated for an analytical solution. It involves the use of numerous trials to find the equilibrium of a sytem
Robert E. Chapman and Douglas S. Thomas, A Guide to Printed and Electronic Resources for Developing a Cost-Effective Risk Mitigation Plan for New and Existing Constructed Facilities, Glossary of Related Terms & Acronyms and Abbreviations, U.S. Department of Commerce Technology Administration National Institute of Standards and Technology, Office of Applied Economics Building and Fire Research Laboratory (NISTIR 7390), MD, USA 2007. http://fire.nist.gov/bfrlpubs/build07/PDF/b07011.p df, (Rsk Anlys and Mgt Procss - Amer) {986}