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...
This paper presents an automated system for optimizing earthmoving operations. The proposed system can assist earthmoving contractors, during bid preparation stage, in estimating ...
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 ...
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...
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...