When pricing options via Monte Carlo simulations, precision can be improved either by performing longer simulations, or by reducing the variance of the estimators. In this paper, ...
In this paper, we investigate the problem of deriving precision estimates for bootstrap quantities within parametric families. Efron's [1992] jackknife-after-bootstrap is a s...
This paper proposes an integration test-bed system for supply chain management, which forms the foundation for the construction of a valued manufacturing chain. The core system of...
We describe the use of discrete event simulation in modeling the curbside vehicular traffic at airports. The dynamic nature of vehicular traffic poses a challenge in developing a ...
Many important characteristics of simulation models, including queuing models, can be investigated by the use of metamodels. Problems in qualitative analysis such as analyzing mod...
Juri Tolujev, Peter Lorenz, Daniel Beier, Thomas J...
A method of modeling transportation-inventory systems is proposed in an attempt to flexibly describe the systems in which a lot of kinds of items are ordered to transport, transpo...
Simulation is used to verify the feasibility of the design of manufacturing cells. The cell design, which combines new and existing machines in a component manufacture, is present...
Shahram Taj, David S. Cochran, James W. Duda, Joch...
The article deals with the development of simulation models for the semiconductor industry at the Technical University of Ilmenau. Hereby, the main focus is set on the development...
The United States Department of Defense's High Level Architecture for Modeling and Simulation (HLA) provides a standardized interface for distributed simulations. The recent ...