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» Simulation Modeling and Optimization using ProModel
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WSC
2004
13 years 8 months ago
Optimization of Traffic Signal Light Timing Using Simulation
Traffic congestion is one of the worst problems in many countries. Traffic congestion wastes a huge portion of the national income for fuel and traffic-related environmental and s...
Kasun N. Hewage, Janaka Yasantha Ruwanpura
WSC
2000
13 years 8 months ago
Optimizing earthmoving operations using object-oriented simulation
This paper presents an automated system for optimizing earthmoving operations. The proposed system can assist earthmoving contractors, during bid preparation stage, in estimating ...
Mohamed Marzouk, Osama Moselhi
WSC
2004
13 years 8 months ago
Approximating Free Exercise Boundaries for American-Style Options Using Simulation and Optimization
Monte Carlo simulation can be readily applied to asset pricing problems with multiple state variables and possible path dependencies because convergence of Monte Carlo methods is ...
Barry R. Cobb, John M. Charnes
WSC
2008
13 years 9 months ago
Optimizing portfolio tail measures: Asymptotics and efficient simulation optimization
We consider a portfolio allocation problem where the objective function is a tail event such as probability of large portfolio losses. The dependence between assets is captured th...
Sandeep Juneja
WSC
2007
13 years 9 months ago
Self organized UAV swarm planning optimization for search and destroy using SWARMFARE simulation
As military interest continues to grow for Unmanned Aerial Vehicle (UAV) capabilities, the Air Force is exploring UAV autonomous control, mission planning and optimization techniq...
Dustin J. Nowak, Ian C. Price, Gary B. Lamont