We develop a hierarchical distributed production planning and control methodology, called DISCS, for a large and unstable semiconductor manufacturing process. The upper layer of D...
The distribution of possible future losses for a portfolio of credit risky corporate assets, such as bonds or loans, shows strongly asymmetric behavior and a fat tail as the conse...
The Internet and corporate intranets provide far more information than anybody can absorb. People use search engines to find the information they require. However, these systems t...
Simulation is widely used for performance analysis of Personal Communication Systems due to their inherent complexity. However, resource demands (cpu-time and memory requirements)...
We study the viability of different robust optimization approaches to multiperiod portfolio selection. Robust optimization models treat future asset returns as uncertain coefficie...