We revisit the stochastic mesh method for pricing American options, from a conditioning viewpoint, rather than the importance sampling viewpoint of Broadie and Glasserman (1997). ...
The estimation of the impact on performance in business process (BP) by introducing an information system (IS) is an important practical problem in investment appraisal. This pape...
The typical approach to finding minimum levels of resources that still allow support and operational performance goals to be met for military aircraft is based on a manual trial-a...
The composition and reuse of simulation model is currently a hot research topic in the area of complex system modeling and simulation. A unified simulation model representation is...
Yonglin Lei, Lili Song, Weiping Wang 0002, Caiyun ...
Visualization of individual network events is a crucial part of testing new network designs and analyzing network performance and efficiency. This research designed and developed ...
J. Mark Belue, Stuart H. Kurkowski, Scott R. Graha...
Stimulated by the success of management innovation in the manufacturing industry – culminating in lean production, many homebuilders attempt to model the construction process on...
This paper describes two experiments exploring the potential of the Kriging methodology for constrained simulation optimization. Both experiments study an (s, S) inventory system ...
William E. Biles, Jack P. C. Kleijnen, Wim C. M. V...
This paper presents a new method to identify and rank the bottlenecks in a manufacturing system. The proposed method is based on performance related data that are easy to capture,...
In this paper the relation of high-level Petri-nets (hlpn) and linear algebra is outlined. On the basis of this relation the theory of the dual spaces can be brought in to a new c...
This investigation develops an innovative algorithm for multiple autonomous unmanned aerial vehicle (UAV) mission routing. The concept of a UAV Swarm Routing Problem (SRP) as a ne...