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Several Fed officials have said they would like to replace the time horizon for current policy with a trigger tied to economic data, declaring, for example, that the Fed is likely to keep interest rates near zero until the unemployment rate falls below a specified level, or until economic output exceeds a certain threshold.
Next, characteristic curves are applied to replace the time level by points in the semi-Lagrangian method.
In many applications such as finance and biology, we often wish to replace the time dependent instantaneous measure by a stationary (or ergodic) measure.
The method consists of (1) immobilizing the moving boundary by Landau's transformation, (2) using the normalized position of the moving interface to replace the time variable, and (3) applying regular parameter perturbation techniques.
In such contexts, it is often convenient to replace the time consuming forward solver by a metamodel acting as a fast and accurate substitute in a restricted range of input parameters.
Soon after the development of the fission track method, interest emerged for the development of automated counting procedures to replace the time consuming labor of counting fission tracks under the microscope.
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The techniques would replace the time-consuming, 50-year-old vaccine technology that requires live chicken eggs and six months' brewing time.
Artificial neural networks (ANNs) based metamodels are used in order to replace the time-consuming repeated structural analyses.
To improve the efficiency of optimization, response surface method (RS M is used to replace the time-consuming finite element simulations.
To improve computational efficiency, the response surface methodology (RS M is introduced to replace the time-consuming finite element (FE) simulations.
In this paper, we analyse the bottleneck of the greedy algorithm and propose a more efficient method to replace the time-consuming part of the greedy algorithm.
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