It has been observed that the degrees of the topologies of several communication networks follow heavy tailed statistics. What is the impact of such heavy tailed statistics on the...
We consider single-stage, single-product Make-to-Stock systems with random demand and random service (production) rate, where demand shortages at the inventory facility are backor...
The calculation of value-at-risk (VAR) for large portfolios of complex instruments is among the most demanding and widespread computational challenges facing the financial industr...
Paul Glasserman, Philip Heidelberger, Perwez Shaha...
The vision of the Smart Grid includes the creation of intelligent electricity supply networks to allow efficient use of energy resources, reduce carbon emissions and are robust to...
Perukrishnen Vytelingum, Sarvapali D. Ramchurn, Th...
The idea of cyclic scheduling is commonly utilized to address short-term scheduling problems for multiproduct batch plants under the assumption of relatively stable operations and...