In this paper we discuss verification and validation of simulation models. Four different approaches to deciding model validity are described; two different paradigms that relate ...
Coercion combines flexible points, semi-automated optimization and expert guided manual code modification for adapting simulations to meet new requirements. Coercion can improve s...
Surgical services require the coordination of many activities, including patient check-in and surgical preparation, surgery, and recovery after surgery. Each of these activities r...
Todd R. Huschka, Brian T. Denton, Serhat Gul, John...
Recent reports have established the need for change in the US health system. Building projects can play an important role in enabling change to support organizational objectives. ...
Planning construction projects typically makes use of the activity network based Critical Path Method (CPM), since it is very simple to use and reasonably versatile. Most other pl...
One of the most important gaps in road safety management practises is the lack of mature methods for estimating reliability. Road safety performance assessment systems have been d...
Combat, unlike many real-world processes, tends to be singular in nature. That is, there are not multiple occurrences from which to hypothesize a probability distribution model of...
State-dependent importance sampling (SDIS) has proved to be particularly useful in simulation (specially in rare event analysis of stochastic systems). One approach for designing ...
We develop a sequential sampling procedure for solving a class of stochastic programs. A sequence of feasible solutions, with at least one optimal limit point, is given as input t...
A credit derivative is a path dependent contingent claim on the aggregate loss in a portfolio of credit sensitive securities. We estimate the value of a credit derivative by Monte...