This presentation follows up the talk last year to WINFORMS (The Washington Institute for Operations Research and The Management Sciences) in which an approach developed for the a...
We discuss design issues related to the transformation of a mature Agent-Based Model (ABM) for computational epidemiology into a “grid-aware” version. EpiSims is a distributed...
Conceptual modeling, deciding what to include in the model, is a very important task in the modeling process. However, it has so far received relatively little attention in the li...
Response Surface Methodology (RSM) is a metamodelbased optimization method. Its strategy is to explore small subregions of the parameter space in succession instead of attempting ...
Fluctuations of work-in-progress (WIP) levels cause variability of cycle time and often lead to productivity losses in semiconductor wafer fabrication plants. To identify sources ...
An immense amount of research work has been done in the areas of scheduling and re-scheduling of various types of manufacturing systems. In this paper we present a simulation assi...
Wilhelm Dangelmaier, Kiran R. Mahajan, Mark Aufena...
We consider the problem of pricing American options when the volatility of the underlying asset price is stochastic. No specific stochastic volatility model is assumed for the st...
We consider the problem of efficient estimation of first passage time probabilities for a multidimensional random walk with t distributed increments, via simulation. In addition...
Conceptual models serve as abstractions of user’s perceptions of a system. The choice and detailing of these abstractions are key to model use and understanding for analyst and ...
Durk-Jouke van der Zee, Jack G. A. J. van der Vors...
The focus of this paper is a manufacturing system placed in Calabria (Italy) which produces high pressure hydraulic hoses. The objective is to implement a simulator to be used bot...
Duilio Curcio, Francesco Longo, Giovanni Mirabelli